Sloan v. Gibbes
Supreme Court of South Carolina
Before Watts, J., Richland, May, 1899. Action by John T. Sloan against W. H. Gibbes on the following complaint: 1. That on the 23d day of October, 1891, the defendant, W. H. Gibbes, then president of a corporation known as the Richland Wine Company, requested plaintiff, a director in' said company, to sign a note for $1,500, to close up an over-, draft in the Central National Bank of Columbia, S. C., stating that the defendant and other directors would also sign it, the…
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Before Watts, J., Richland, May, 1899. Action by John T. Sloan against W. H. Gibbes on the following complaint: 1. That on the 23d day of October, 1891, the defendant, W. H. Gibbes, then president of a corporation known as the Richland Wine Company, requested plaintiff, a director in' said company, to sign a note for $1,500, to close up an over-, draft in the Central National Bank of Columbia, S. C., stating that the defendant and other directors would also sign it, the understanding between plaintiff and defendant being that all the directors so signing would be sureties on said note, each…
1Opinion of the Court
The opinion of the Court was delivered by
Mr. Justice Jones.
In this case a first indorser in blank on a negotiable promissory note sues the second indorser for contribution, relying upon a alleged parol agreement, by •which the indorsers, as among themselves, were to be liable jointly or as cosureties. The Circuit Court decreed for contribution, and defendant seeks to reverse on numerous exceptions. These we will not notice in detail, but will consider the principal and controlling questions raised by them.
1 1. The demurrer to the complaint on the ground that it did not state facts sufficient…
2Cases cited6 opinions
- Webb v. KellerSupreme Court of Louisiana · 1887
- Perkins v. CatlinSupreme Court of Connecticut · 1836
- Holmes v. First National BankNebraska Supreme Court · 1893
- Brewer v. WoodwardSupreme Court of Vermont · 1882
- Graves v. JohnsonSupreme Court of Connecticut · 1880
1 more not listed; retrieve them via the Exa API.
3Cited by3 opinions
- Case v. McKinnisOregon Supreme Court · 1923
- Owens v. GreenleeSupreme Court of Colorado · 1920
- Cooke v. JenningsSupreme Court of South Carolina · 1964