Glossary : blank indorsement
Definition 1
contrad. An indorsement which does not mention the
name of the person in whose favor it is made, it is usually made by writing
the name of the indorser on the back of the bill. Chit. Bills, 170.
2. When a bill or note has been indorsed in blank, its negotiability
cannot afterwards be restrained. 1 Esp. N. P. Cas. 180, 1 Bl. Rep. 295. As
many persons as agree may join in suing on a bill when indorsed in blank,
for although it was given to one alone, yet by allowing the others to join
in the suit, he has Made them sharers in his rights. 8 Camp. N. P. Cas.
239. Vide Indorsement, Negotiable paper, Restrictive indorsement.
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