Gand v. Green
Gand v. Green
Opinion of the Court
Opinion op- the Court by
The petition contains no averment of any agreement or undertaking in writing, or parol by the defendant that he would warrant the solvency of Mallory’s estate, the alleged “verbal assignment” importing no more than a mere sale and delivery of the note, without assigning it, which has been repeatedly held to develope no responsibility on.the seller, for the solvency of the obligor in the debt, without some express contract to that effect. Nor does the petition allege such diligence in prosecuting the claim against Mallory’s estate as was necessary as a prerequisite to the suit for recourse against an assignor.
Whether more than fifteen per cent, of the debt could have
Wherefore the judgment is reversed and the cause remanded with directions to sustain the demurrer to the petition, and for other proceedings not inconsistent with this opinion.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.