Ohio Supreme Court January 26, 1897 (Ewan v. Brooks-Waterfield Co.)

Williams, C. J.

The allegation of the answer, that The Brooks-Waterfield Company, by signing its name on the back of the note a'ssumed the position of an indorser, is an admission of the due execution of the note, and of the genuineness of the company’s signature thereon; but the nature of the obligation the company thus contracted, must be determined from the facts attending the • transaction,