PEOPLE OF THE PHILIPPINES vs.

Julia Maniego
G.R. No. L-30910. | February 27, 1987
Narvasa, J.

FACTS:
Accused-appellant Maniego was an indorser of several checks drawn
by her sister, which were dishonored after they have been exchanged with
cash belonging to the Government. Maniego was charged with malversation
of funds but was acquitted of the criminal charge. Maniego contends that her
civil liabilities should also be extinguished claiming that since she is a mere
indorser she cannot be held liable for the instrument.
 
ISSUE: Is Maniego liable for the instrument?
 
RULING:
Yes. Appellant’s contention that as mere indorser, she may not be
made liable on account of the dishonor of the checks indorsed by her is
untenable. Under the law, the holder or last indorsee of a negotiable
instrument has the right to “enforce payment of the instrument for the full
amount thereof against all parties liable thereon.”