Indorsement Charles Pribus owed $126,500 to Ford and Mary Williams (Williams). At Pribuss request, his mother, Helen Pribus, executed a promissory note for $126,500 in favor of Williams. Within a few months, Williams bought Philip L. Bushs option to purchase an apartment complex in Texas. As partial payment for the option. Williams gave Bush the promissory note they had received from Helen Pribus. A letter, which was signed by Williams, was stapled to the note. It read: For valuable consideration, the undersigned do hereby assign the attached note to Philip L. Bush. There was sufficient space on the note itself to write an indorsement and the words contained in the letter. When Bush went to collect on the note, Helen Pribus refused to pay. Bush sued Pribus to enforce the note.

Critical thinking question: Was the note properly indorsed?