The person who makes the draft is called "the drawer;" the person to whom the money is ordered paid writes his name on the back of the draft and is called "an Indorser."
"McGuffey's Fifth Eclectic Reader"
William Holmes McGuffey
To fix responsibility upon an Indorser, payment must be demanded of the principal debtor on the very day when the obligation matures, and if payment is not made notice of the fact must be sent to the Indorser before the end of the following day.
"Studies in Civics"
James T. McCleary
His obligation is that of a surety or first Indorser.
"Studies in Civics"
James T. McCleary