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McCULLOUGH v. STEPP

35218.

91 Ga. App. 103 (1954)

85 S.E.2d 159

McCULLOUGH v. STEPP.

Court of Appeals of Georgia.

Decided November 22, 1954.

Attorney(s) appearing for the Case

Haas, White, Douglas & Arnold, George A. Haas, for plaintiff in error.

McCord & Cooper, Wayne H. Fore, contra.

FELTON, C. J.

1. The indorsement in and of itself was not a qualified indorsement. Code § 14-409 provides: "A qualified indorsement constitutes the indorser a mere assignor of the title to the instrument. It may be made by adding to the indorser's signature the words, `without recourse', or any words of similar import. . ." The words, "I hereby transfer my right to this note over to W. E. McCullough," are not words of similar import to "without recourse."

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