Bank of Newberry v. Walker & Glenn
Bank of Newberry v. Walker & Glenn
Opinion of the Court
The opinion of the Court was delivered by
This Court concurs in the ruling below. It is not perceived that the bank did any act which can be construed into an acceptance of the assignment. The payments received from the assignee were merely .in part payment of a debt due by Walker & Glenn, and secured by the other defendants.
It certainly cannot have the effect to discharge the obligors, that a sum less than the principal was paid, unless it could be shown that this was accord and satisfaction, and thereupon that the debt was released.
There was no such proof.
The motion is dismissed.
Motion dismissed.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.