Ulsch v. Muller
Ulsch v. Muller
Opinion of the Court
The delivery and acceptance of wood, under an agreement that the price of the wood shall be taken as the payment of money due upon a promissory note, is not, in the technical language of pleading, payment of the note. Originally payment was the performance of a promise to pay money, at the time and in the manner required by the terms of-the contract; but it has been extended to include the delivery of money in satisfaction of a debt, after a default has been made in payment according to the terms of the contract. If wood is delivered and received as a payment of money due on a note, it is
Exceptions overruled.
Reference
- Full Case Name
- Jacob Ulsch v. George Muller
- Cited By
- 7 cases
- Status
- Published