...joint indorsees who indorse are deemed to indorse jointly and severally."* Section 63 provides that "A person placing his signature upon an instrument...unless he clearly indicates by appropriate words his 'Northrup v. Chambers, 90 Mo. App. 61 (1901). 2Gantt v. Jones, I Cranch (CC) 210 (1804); Bowie v. Hume,...

...to draw the instrument; and 2. The existence of the payee and his then capacity to indorse. SEC. 63. A person placing his signature upon an instrument...his intention to be bound in some other capacity. SEC. 64. Where a person, not otherwise a party to an instrument, places thereon his signature in blank...

...63 of Act 64, p. 157, of 1904 (the Negotiable Instruments Act), provides that: "A person placing big signature upon an instrument otherwise than as maker,...his intention to be bound in some other capacity." Nothing on these notes indicates that defendant intended to bind himself otherwise than as indorser;...

...instrument." Section 63 of the Negotiable Instrument Law declares that a person who places his signature on an instrument otherwise than as maker, drawer, or...his intention to be bound in some other capacity. It would indeed be difficult to find words more appropriate to indicate clearly that the intention...

...show that a prima facie Indorsement was intended as a primary signature to the note. Section 6018- Is: "A person placing his signature upon an instrument otherwise than as maker, ilniwrr, or acceptor is deemed to be an indorser, unless he clearly indicates by appropriate words...

...transactions. Section 3 of the Negotiable Instruments Law reads: "SECTION 63. When person deemed indorser. — A person placing his signature upon an instrument...his intention to be bound in some other capacity." Upon the other hand, the Philippine Clearing House Corporation (PCHC) rules provide: "Sec. 17.— BANK...