Knowles v. Parker
Knowles v. Parker
Opinion of the Court
The only defence in this action is defect of consideration, and constructive notice thereof to the plaintiff. The note having been indorsed after it was due, if there was any defect of consideration, there is no doubt that the plaintiff is affected >y constructive notice, and that it is as good a defence
Does the case furnish proof of an entire want of considera tion ? The question is not, on this point, whether the consid eration was adequate ; that was to be judged of by the promisor, when he gave the note. The court are of opinion that, as Mr Smith was in fact a counsellor, and took the defendant as a student, the use of his library, the actual instruction received, and the use of his certificate, to enable the defendant to be admitted, constituted a good consideration for the note.
The only remaining question is, whether there was a failure of consideration. The consideration of the note was, that the promisee had received and retained the defendant, a certain length of time, as a student at law. We are of opinion, with the defendant, that this necessarily implied that the defendant had received and should receive and enjoy the benefits arising from that relation, one of which was, that he should be entitled to admission in due course, so far as it depended upon such term of study with a counsellor at law. But in fact he has received such entire and full benefit, and has had all the advantages which he could have had, if Mr. Smith had been sworn in as a counsellor and attorney. Had this time been disallowed to the defendant, on account of such defect in the qualifications of the promisee, it would have been, we think, a failure of consideration, upon which the defendant might rely. As Mr. Smith was a counsellor de facto,, and was so recognized and
Reference
- Full Case Name
- John A. Knowles v. Grenville Parker
- Status
- Published