Twohy Mercantile Co. v. Ryan Drug Co.
Twohy Mercantile Co. v. Ryan Drug Co.
Opinion of the Court
Sec. 2307, R. S., provides that every agreement to answer for the debt, default or miscarriage of another person shall be void, unless such agreement, or some note or memorandum thereof, expressing the consideration, be in writing and subscribed by the party charged therewith. It hardly needs discussion to show that the agreement sued on comes within this statute. The allegations of the complaint are to the effect that defendant, for
It follows from the foregoing that the agreement sued on was within the statute, because there was no new consideration moving from the promisee to the promisor, and beneficial to the latter; and that it is void under such statute, because not in writing, expressing the consideration, and subscribed by the party to be charged therewith; hence that appellant’s motion for judgment on the verdict and the undisputed facts should have been granted.
By the Court.— The judgment of the superior court is reversed, and the cause remanded with directions to render judgment for the defendant.
Reference
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- Twohy Mercantile Company v. Ryan Drug Company
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