Publisher's Synopsis
Excerpt from Illinois Statutes and Illustrative Cases on Bills and Notes: To Be Used in the Chicago College of Law, Law Department of Lake Forest University, in Connection With Norton on Bills and Notes
Par.11. If any such note bond, bill or other instrument in writing shall be indorsed after the same becomes £119, and any ind01see shall institute an action thereon against the maker of the same, the defendant being maker shall be allowed to set up the same defense that he might have done had the action been instituted in the name and for the use of the person to whom such instrument was originally made payable, or any interme diate holder.
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