This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated.1819 Excerpt: ... RuKiell vs. Perkins. plaintiffs, in the first instance, upon the original owner and bis sureties, and suspend process to compel payment, until we see if that proceeding be effectual. The money was afterwards paid by the sureties of the original owner. Nathaniel Russell Vs. James And T. H. Perkins. A guaranty of the notes of A cannot be applied as a guaranty of the notes of A and B. Upon a guaranty to the plaintiff of all notes of A, which he should endorse, to the amount of $ 10, 000, the plaintiff endorsed notes of A to the stipulated amount at several hanks; and when the notes became due, they were taken up at the banks, and new notes, signed by A and B his partner, and endorsed, were received by the banks in their stead. It wai held, that the guaranty did not apply to the new notes; and that by such substitution the old notes were extinguished. Of the effect of laches in giving notice under a guaranty. Assumpsit on a letter of guaranty, addressed by the defendants to the plaintiff, at Charleston, S. C. as follows: Boston, December 9, 1802. Nathl. Russell, Esq. Dear Sir, --Should our friend, Mr. Josiah Sturgis, require your support in his negotiations at the banks, we hereby agree lo guaranty any notes you may endorse for him to the amount of ten thousand dollars. And we shall feel ourselves obliged by any kindness or favours you may think proper to afford him. We are, ac. The cause came on to be tried upon the plea of the general issue; and upon the statute of limitations pleaHed by the defendants. At the trial it appeared that Mr. Sturgis was the brother-in-law of the defendants, and that at the time of the writing the letter of guaranty, was in inRusseli vs Perkins. solvent circumstances; but contemplated renewing business at Charleston, S. C. The lette...This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated.1819 Excerpt: ... RuKiell vs.
|Title||:||Reports of Cases Argued and Determined in the Circuit Court of the United States|
|Author||:||United States Circuit Court|
|Publisher||:||General Books LLC - 2009-12|