McInerney v. Lindsay
McInerney v. Lindsay
Opinion of the Court
On April 29, 1886, defendant McKenna borrowed $150 from plaintiff, giving a promissory note payable one year after date, signed by David Lindsay and himself, Lindsay’s name being above his. Lindsay was an accommodation maker, of which fact plaintiff had knowledge. An action, being brought upon the note, defendant Lindsay defended, and a verdict was rendered in his favor by direction of the court. The only question that need be considered is whether this direction was right.
The plaintiff testified that the note was not paid, stating the transaction claimed to have been a payment, substantially, as follows:
“McKenna came to my house April 29, 1887, and just laid the money upon the table, and said he wanted another year. I told him I would let it go. He picked the money up, and put it in his pocket. I don’t know how much money he had. I did not count it. ^ I did not have my hands on it. Then 1 gave him the nóte, and he indorsed the interest. Then he paid me $12.”
If this is a truthful version of the transaction, it did not amount to a payment, or a tender under circumstances 'which required the plaintiff to take it: McKenna evidently did not want him to take it, and did not say he did. It was far short of such an offer of payment as would have operated to discharge a mortgage collateral to the note.
The same is true of the other question in the ease, if the claim that the surety was discharged by the extension is relied upon. Under the testimony of plaintiff, nothing was said about a consideration for the extension. He agreed to an extension when asked to do so, and the money on the table was taken and pocketed by defendant McKenna. Afterwards he paid the interest tó that time, and the note was handed to him for its indorsement. The defendants testimony is not in accord with this, but the plaintiff was entitled to have a jury determine which was true.
The judgment must be reversed, and a new trial ordered.
Reference
- Full Case Name
- Michael McInerney v. David Lindsay and Albert McKenna
- Status
- Published