King v. Stewart
King v. Stewart
Opinion of the Court
Action by Stewart § Stewart against King § Braden, upon a promissory note, made by the defendants to one Hedrick, and indorsed by the latter to the plaintiffs. Trial by the Court, finding and judgment for the plaintiffs.
The case is before us upon the evidence. The defense sought to be made available is a want of consideration for the note. It appears that, in February, 1861, said Hedrick and the defendants entered into a contract by which Hedrick was to deliver to the defendants a certain number of
“Due J. M. Hedrick, one hundred and four dollars and seventeen cents, it being the balance due on hogs, this August 10th, 1861. J. G-. Kins and R. Braden.”
At the time of the above settlement, and the striking of the balance in favor of Hedrick, one of the defendants told Hedrick he knew where that money belonged. Hedrick said that he did; that it had to go on those Justice’s judgments. But the parties could not go to the Justice’s that evening, and Hedrick wanted a showing or due bill for the amount, until they could meet at the Justice’s and ascertain the amount of the judgments, and make a settlement. The note was given, and the parties agreed to meet at the Justice’s office in a few days, and see if the amount of the judgments equaled the amount of the note, and if so, the note was to be surrendered. The proposed meeting never was had. The judgment exceeded the amount of the note. On the 13th of August, 1861, the defendants were notified that the note had been assigned to the plaintiffs. Afterward,
We are of opinion that the judgment below must be sustained. It was a question of fact for the Court below to determine, under the evidence, whether it was the intention of the defendants and Hedrick, by their agreement, that the assumption of the payment of the judgments by the defendants, and .their entering themselves as replevin bail thereon, should, ipso facto, be taken and deemed a payment of the amount of the judgments on the hog contract, or whether actual payment of the judgments by the defendants was contemplated? The Court might, under the evidence, have found that the latter was the intention of the parties. If so, the amount of the judgments had not been paid upon the hog contract at the time the note was given, but the balance specified was due thereon, and furnished a good consideration for the note. The payment of the judgments was made after the defendants were notified of the indorsement of the note to the plaintiffs.
The judgment below is affirmed, with costs and one per cent, damages.
Reference
- Full Case Name
- King and Another v. Stewart and Another
- Status
- Published