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Smith executed and delivered negotiable notes to the payee, Ester. The payee indorsed the notes to Brown but did not deliver them. Instead, she kept
Smith executed and delivered negotiable notes to the payee, Ester. The payee indorsed the notes to Brown but did not deliver them. Instead, she kept the notes in her possession because she wanted to collect the interest during her life and wanted the indorsee to have the notes on her death. After Ester's death, her executor, Boston, found the notes. Both Boston and Brown sought to enforce the notes against Smith. Using IRA determine who was entitled to enforce the note?
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