Isaacs v. Jacobs

Per Curiam:.

The defendant gave the plaintiff an assignment of a claim against S. H. Smith & Co., for $745.70. It was absolute on its face. The plaintiff, in exchange for it, gave his note to the defendant for $745.70, payable unconditionally six months after date. Each instrument is a complete contract in itself, the one being the consideration of the other. The plaintiff sued to recover $419.80, and the defendant admitted the plaintiff’s cause of action, and recovered judgment for the difference between the plaintiff’s note of $745.70 and his claim of $419.80; aggregating, with interest,…