Silmeyer v. Schaffer

Illinois Supreme Court September 15, 1871

Silmeyer v. Schaffer, 60 Ill. 479 (Ill. 1871)

Opinion of the Court

Per Curiam :

This case is, in all particulars, like Galbraith v. Fullerton, 53 Ill. 126, which had not been reported when the case at bar was tried. On the authority of that case, this judgment must be reversed and the cause remanded.

Judgment reversed.

Reference

Full Case Name: Joseph Silmeyer v. William Schaffer
Cited By: 2 cases
Status: Published
Syllabus: Release of SURETY — extension of time — principal. Where the payee of a note entered into an agreement with the principal, without the knowledge or consent of the surety, to extend the time of payment of the note for one year, upon condition that the principal should pay him twelve per cent interest, it was held, that such agreement- did not release the surety from liability on the note.