Note 32 — Chapter XII

Note 32. Page 456.

When once a man's necessities have compelled him to subscribe his name to the three magical letters "I. O. U.," he is liable for the sum specified in it to any one simply producing it, though it be addressed to no one, and no proof be given that "U" means the plaintiff, (see Curtis v. Rickards, Manning and Grainger, 46; and Douglas v. Hone, 12 Adolphus and Ellis, 641,) unless the defendant be able to adduce clear evidence impeaching the plaintiff's right to recover.