Case stated by Charles M. Blackford, Esq. of Lynchburg, 5 Novemeber 1857 entitled, "Liability of Transferor of Negotiable Paper Without Endorsement." The facts of the case are stated as follows: "C sells to D the negotiable note of A, endorsed by B, but without endorsing it himself. At maturity, the note is protested, and D sues A & B. It turns out that the signature of A is a forgery (committed by B), and that B is insolvent and was notoriously so at the time of the transfer of the note. D in buying the note having relied on the known solvency of A. D having used all due diligence in his suit, failed to recover the money of A because of the forgery, and of B because of his insolvency, and the question now is whether C is responsible to him?"
