Foster v. Walker
Foster v. Walker
Opinion of the Court
delivered the opinion of the court.
The plaintiff in error, being surety upon a note made by one
We do not consider this a correct view of the subject. The agreement b'etween Walker and the surety, was in effect an acknowledgment that Moss, the principal, had a claim against him which was sufficient to discharge the note. It is an acknowledgment of a set-off, which would operate in law as a payment of the note. In consideration of that, he agrees to discharge the surety, thereby plainly admitting that Moss had a valid claim against him sufficient to discharge the note. Prima facie this was an acknowledgment of payment; and in the absence of all proof or explanation, it was sufficient to bar a recovery against Foster, not on the ground of release, but because the agreement was an acknowledgment , of payment. If the claim of Moss was insufficient to satisfy the note, it was incumbent on the plaintiff below to show that fact, in which event he would have been entitled to recover for any balance due upon the note pver and above the amount of the account.
Judgment reversed and cause remanded.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.