Peacock v. Stults
Peacock v. Stults
Opinion of the Court
A. Peacock brought an equitable petition seeking to enjoin D. D. Stults from proceeding with the prosecution of a certain suit in the city court of Bainbridge. He prayed for transfer of the case to the superior court, for a temporary restraining order, and for general relief. Upon the hearing the court dissolved the temporary restraining order, and dismissed the petition. The plaintiff excepted. The petition alleged, in substance, as follows: There is pending in the city court of Bainbridge a suit on a note brought by D. D. Stults against J. C. McCaskill & Company, a firm composed of J. C. McCaskill and A. Peacock. At the time the note was executed Peacock was a silent member of the firm. Shortly thereafter, and before the note fell due, lie retired from the firm, selling all of his interest therein to McCaskill, who assumed all indebtedness. Peacock had no knowledge of the execution of the note, and did not know of its existence until about seven years thereafter, when payment was demanded of him. When the note became due Stults and McCaskill by agreement extended it upon payment of the interest, without the knowledge or consent of Peacock, who was then not a member of the firm, the dissolution of which had been given general publicity. The note was thus extended from year to year without the knowledge or consent of Peacock. When he purchased the note Stults did not know that Peacock was a member of the firm, nor did he extend the due date upon any faith in Peacock, but relied solely upon McCaskill. About a year before suit was brought upon the note McCaskill became insolvent, and was ad
Judgment affirmed.
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