Bowen v. Byrne
Illinois Supreme Court
Bowen v. Byrne, 55 Ill. 467 (Ill. 1870)
Bowen v. Byrne
Opinion of the Court
Defendant in error filed a bill to enjoin the collection of a note and mortgage, because they were not stamped according to the act of congress, and that the same be cancelled, and for naught held. He claimed to be the owner of the mortgaged property.
This court has frequently decided, that a stamp is not necessary to the validity of such instruments, and to their admissibility as evidence, in the courts. Latham v. Smith, 45 Ill. 29; Craig v. Dimock, 47 Ill. 308; Bunker v. Green, 48 Ill. 243 ; Hanford v. Obrecht, 49 Ill. 146.
The decree must be reversed and cause remanded.
Decree reversed.
Reference
- Full Case Name
- Edwin A. Bowen v. Michael Byrne
- Cited By
- 3 cases
- Status
- Published
- Syllabus
- Stamp act—effect of omission of stamps upon contracts. The omission of stamps, required by act of congress to be placed upon written contracts, does not affect the validity of such instruments, or their admissibility in evidence, in the courts of this State.