Legal Opinion

Austin v. Fuller

New York Supreme Court

Decided January 5, 1852PublishedCited by 7 opinions

The complaint set out a note, dated May 11th, 1847, for $103,69, payable to John Blasdell or bearer, by the 1st of December then next, with use; upon which the plaintiff claimed $99,27, and interest from April 18th, 1850, The defendants Jonathan and David Fuller denied that the plaintiff was the owner of the note; or that they ever gave the note ; and that if'there was such note, it was payable at some time after its date, and signed by them as sureties of John Fuller, for a…

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The complaint set out a note, dated May 11th, 1847, for $103,69, payable to John Blasdell or bearer, by the 1st of December then next, with use; upon which the plaintiff claimed $99,27, and interest from April 18th, 1850, The defendants Jonathan and David Fuller denied that the plaintiff was the owner of the note; or that they ever gave the note ; and that if'there was such note, it was payable at some time after its date, and signed by them as sureties of John Fuller, for a preexisting indebtedness of John Fuller to Blasdell; and was given for that indebtedness, on an usurious agreement…

1Opinion of the Court

*363 By the Court,

Hand, J.

It has been said that a party may show an agreement, by parol, to pay an additional sum, at some future day, as interest on a note or bond upon which lawful interest is reserved. (Macomber v. Dunham, 8 Wend. 554. Merrills v. Law, 9 Cowen, 65. Cowen & Hill’s Notes, 1476. Woodward v. Reynolds, MSS. 4th Dist.) Cowen & Hill cite Hammond v. Hopping, (13 Wend. 510, 511.) An attempt was there made, to prove a second note for the additional interest; and also to show admissions, which, however, did not tend to prove an executory agreement. Merrills v. Law was afterwards…

2Cases cited12 opinions

  1. De Wolf v. JohnsonSupreme Court of the United States · 1825
  2. Lloyd v. ScottSupreme Court of the United States · 1830
  3. United States v. LefflerSupreme Court of the United States · 1837
  4. Law v. MerrillsCourt for the Trial of Impeachments and Correction of Errors · 1830
  5. Hammond v. HoppingNew York Supreme Court · 1835

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3Cited by7 opinions

  1. Oliver Lee & Co's Bank v. WalbridgeNew York Court of Appeals · 1859
  2. Davis v. ClemsonU.S. Circuit Court for the District of Ohio · 1855
  3. Davis v. GillettSupreme Court of New Hampshire · 1872
  4. Michael v. BabbetSupreme Court of Iowa · 1885
  5. Clamente v. ValenteAppellate Division of the Supreme Court of the State of New York · 1932

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