Case Name: The First National Bank of Gloucester, Resp't, v. John Cox et al., App'lts
Court: New York Court of Appeals
Jurisdiction: New York
Decision Date: 1890-10-07
Citations: 33 N.Y. St. Rep. 74
Docket Number: 
Parties: The First National Bank of Gloucester, Resp’t, v. John Cox et al., App’lts.
Judges: 
Reporter: New York State Reporter
Volume: 33
Pages: 74–75

Head Matter:
The First National Bank of Gloucester, Resp’t, v. John Cox et al., App’lts.
(Court of Appeals,
Filed October 7, 1890.)
Bills and notes—Evidence.
Defendants made a promissory note payable to the order of Stinson, who sold it to plaintiffs before maturity for value. Defendants, to establish the defense that Stinson after the maturity of the note took it up from the bank, and that they had an offset against him, established the fact that after its maturity it was'seen in the hands of Stinson’s superintendent, who demanded payment thereof from defendants. Meld, that the court did not err in directing judgment; that as Stinson, as endorser, had an interest to compel payment, there was nothing in the possession of the note by his superintendent inconsistent with the ownership of plaintiff.
Appeal from judgment of the Mew York superior court, general term, affirming judgment for plaintiff entered upon verdict as directed by the court.
Jesse Johnson, for app’lts; Harriman & Fessenden, for resp’t.
Affirming 23 N. Y. State Rep., 206.

Opinion:
Finch, J.
The defendants, under the name of John Cox & Co., made the promissory note in controversy payable to the order of Stinson, who sold the same to the plaintiff before maturity and for value. So much was established beyond contradiction. The defense attempted was that Stinson had taken up the note from the bank after its maturity, and that the defendants had an offset against him. The evidence contradicts any such transfer positively, for it shows that when Stinson was requested by the bank to take up the note he declined on the ground that he was unable to pay it, and requested that it be collected of the makers. The bank sent it to its Mew York correspondent with directions to deliver it to one Booth for collection. Booth delivered it to the plaintiff's attorney, who brought this action. The plaintiff produced the note on the trial and put it in evidence.
The only fact established on the part of the defense was that after the maturity of the note it was seen in the hands of one Eaton, who was the superintendent of Stinson and in his employ. It did not appear how Eaton came to have the note, but merely that he demanded payment. Eaton's further declarations were excluded for want of proof that he acted with the knowledge and under the authority of plaintiff.
The court directed judgment for the plaintiff and that is claimed to have been erroneous on the ground that there was a question for the jury as to the ownership of the note.
We think the trial judge was right. There was nothing in the possession of the note by Eaton inconsistent with the ownership of plaintiff. Stinson, as endorser, had an interest to compel payment by the makers, and that some employee of his should have presented the note and sought payment is entirely consistent with the ownership of the bank and the relations of the parties. The proof did not- at all contradict the case made in behalf of the plaintiff.
The judgment should be affirmed, with costs.
All concur.