Woodrow v. Frederick

Counsel

Mr. Jas. S. Verner , for appellant, cites: Assignee of non-negotiable paper takes subject to equities: Code Civ. Pro., 1922, Sec. 355. Maker estopped to deny liability: 123 S.C. 501 ; 113 S.C. 282 ; 97 S.C. 453 ; 79 S.C. 478 ; 67 S.C. 377 ; 57 S.C. 481 ; 9 S.C. 20 ; 4 Rich. Eq., 105. Party signing paper deemed to know its contents: 126 S.C. 205 ; 124 S.C. 211 ; 123 S.C. 501 . Party seeking relief from his contract must show absence of negligence in entering into it: 115 S.C. 452 ; 110 S.C. 421 ; 108 S.C. 411 ; 108 S.C. 56 ; 101 S.C. 236 ; 9 S.C. 20 . Case distinguished: 22 S.C. 9 . Fraud in inducement to contract: 117 S.C. 391 ; 87 S.C. 331 . Knowledge of falsity of statement necessary element of fraud: 78 S.C. 482 ; 61 S.C. 190 ; 59 S.C. 399 ; 58 S.C. 59 . Prior or contemporaneous . Messrs. Melton Belser , for appellant, cite: Assignee of non-negotiable paper takes subject to equities: 22 S.C. 9 ; 1 Rich. Eq. 49; Code Civ. Pro., 1922, Sec. 355; 2 R.C., 629; 2 Jones on Mortgages, Sec. 842; 2 Pom. Eq. Juris., Sec., 704. Parol testimony to explain consideration of written contract: 26 S.C. 312 ; Jones on Evidence, Sec. 468. Maker not estopped to deny liability: 49 S.C. 496 ; 22 S.C. 9 ; 2 Pom. Eq. Juris., Sec. 711. Failure to have bond and mortgage cancelled of record does not raise estoppel: 3 Jones on Mortgages, Sec. 53. Knowledge of agent imputed to principal: 56 S.C. 373 ; 2 Pom. Eq. Juris., Sec. 637; 2 Jones on Mortgages, Sec. 53. Cases distinguished: 115 S.C. 17 ; 113 S.C. 282 ; 97 S.C. 543 ; 67 S.C. 285 ; 57 S.C. 464 ; 11 Rich. Eq., 344.