Indorsed Promissory Note

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An illustration of a promissory note that has been indorsed by more than one person. “Each indorser can be held responsible for the payment of the note, should the maker fail to keep his promise to pay at the specified time.”


Franklin S. Hoyt And Harriet E. Peet Everyday Arithmetic (Boston: Houghton Mifflin Company, 1920) 195


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