Blank indorsement
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blank indorsement
n. indorsement of a check or other negotiable paper without naming the person to whom it would be paid. (See: negotiable instrument)
BLANK INDORSEMENT, contracts. 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.