A Selection of Cases On the Law of Bills And Notes And Other Negotiable Paper
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s.) C. P. 292.
' Paul V. Stackhouae, 38 Pa. 802, accord. Hooker v. Knab, 26 Wis. 511, contra.
Conf. Abell v. Douglass, 4 Den. 305. — Ed.
SECT. IV.J BAKER V. WALKER. 65T with notice to that effect, that there was no consideration for the de- livery of the note to the plaintiff, and that he held it without value.
The defendant's father bought sheep of the plaintiff, and for the pay- ment for them the defendant gave the plaintiff a promissory note in his own name. There was not any consideration t...o the defendant for the note, nor was the defendant in partnership with his father in any manner.
It was submitted for the defendant that the note in question was for the accommodation of another person, and that the plaintiff taking it with notice took it as described in the plea, with all the consequent disabilities attaching to it as an accommodation note.
WiGHTMAN, J. It is not properly a note for the accommodation of any one : it is a note given and a sum of money due for a bygone debt ; but it is an original liability on the part of the defendant, and the consideration of the debt was family affection.
What to read after A Selection of Cases On the Law of Bills And Notes And Other Negotiable Paper?
You can find similar books in the "Read Also" column, or choose other free books by James Barr Ames to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
s.) C. P. 292.
' Paul V. Stackhouae, 38 Pa. 802, accord. Hooker v. Knab, 26 Wis. 511, contra.
Conf. Abell v. Douglass, 4 Den. 305. — Ed.
SECT. IV.J BAKER V. WALKER. 65T with notice to that effect, that there was no consideration for the de- livery of the note to the plaintiff, and that he held it without value.
The defendant's father bought sheep of the plaintiff, and for the pay- ment for them the defendant gave the plaintiff a promissory note in his own name. There was not any consideration t...o the defendant for the note, nor was the defendant in partnership with his father in any manner.
It was submitted for the defendant that the note in question was for the accommodation of another person, and that the plaintiff taking it with notice took it as described in the plea, with all the consequent disabilities attaching to it as an accommodation note.
WiGHTMAN, J. It is not properly a note for the accommodation of any one : it is a note given and a sum of money due for a bygone debt ; but it is an original liability on the part of the defendant, and the consideration of the debt was family affection.
What to read after A Selection of Cases On the Law of Bills And Notes And Other Negotiable Paper?
You can find similar books in the "Read Also" column, or choose other free books by James Barr Ames to read onlineMoreLess
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