Ott v. Lyons
Ott v. Lyons
Opinion of the Court
The opinion of the Court was delivered by
The admissibility of the evidence depends on the construction of the agreement of the 28th of January 1826. The counsel for the defendant in error, have treated it as a ratification, in all its parts, of the previous' agreement between Whitesell and Lyons ; but if this "be so, it is not easy to perceive why the agreement of 1826 was made, for the assignment of itself worked no change in the rights and obligations of either party; they remain precisely as before the assignment. ,But the parties must have had something else in view, for the latter is not a ratification of the former, but a new and distinct agreement between the assignee and obligor, entered into after the assignment, containing a different stipulation by Lyons, without reference to the performance of the covenants'contained in the first agreement. ■ The former agreement is incorporated in the latter so far as respects the covenants of the obligor, but no further; the engagements of the obligor are entirely changed; and this seems to have been t.he reason, the assignee and obligor have entered into a new contract. The agreement of the 28th of January 1826 recites that Beter Ott had purchased from Andrew Whitesell, “ the bonds and obligations of the within-named Robert Lyons,” referring to, the -bonds and obligations which remained unpaid, and not to those which had been cancelled by
This disposition of the principal part makes it unnecessary to decide whether the notice of special matter was sufficiently explicit. As this cause will go to another jury, it may be material for the counsel to inquire what, if any, was the consideration of the promise of the forbearance either in the first or second agreement.
Judgment reversed, and a venire de novo awarded.
Reference
- Full Case Name
- OTT against LYONS
- Cited By
- 1 case
- Status
- Published