Brozee v. Poyntz
Brozee v. Poyntz
Opinion of the Court
delivered the opinion of the Court.
John & Jacob Brozee being indebted to W. & N. Poyntz, for goods on account, and having dissolved their partnership, Jacob Brozee, who continued the business of the late firm, and had, after the dissolution, purchased other goods of W. & N. Poyntz, executed to them in the name of John & Jacob Brozee, a note for the aggregate amount due by the late firm and by himself individually. On this note an action of debt was brought against both of the apparent obligors; upon the return of “not found” as to John Brozee, was abated as to him, and a judgment was rendered against Jacob Brozee alone. An execution
The judgment, we think, can make no difference. For if the note did not merge the assumpsit, the judgment, though it may have merged the entire liability on the note, could not have that effect. If the note may be regarded as collateral security, and not as a satisfaction of the pre-existing debt, it is clear that there was no merger of that debt, either by the note or the judgment on it. The acceptance of the note of a debtor,by simple contractfor the amount of his debt, doubtless imports a satisfaction and merger of the pre-existing assumpsit. But as the acceptance of the note must be presumed to have been founded on the belief, that it is what it purports to be, the act of the debtor, obligatory on him according to its tenor. If the fact should turn out to be different, and.the note proved not to be the act of the apparent obligor, it would be unjust, after the foundation of this act is thus taken away, to hold the creditor bound by its apparent import, and to give to it the same legal effect as if the note accepted by him had been what it purported to be. It was accordingly decided in the case of Calk vs Orear, 1 B. Monroe, 420, that an action upon the original implied assumpsit, was not barred by the previous acceptance of a note purporting to be that of the debtor, but which was not in fact executed by him nor by his authority, and which being unobligatory upon him, he had repudiated before the commencement of the action.
We might rest upon the authority of the case just referred to, the conclusion that the note executed by Jacob Brozee, in the name of the dissolved firm, and accepted by W. and N. Poyntz,. should not, after being repudiated by John Brozee, be deemed a merger of the joint as
Case-law data current through December 31, 2025. Source: CourtListener bulk data.