Morgan v. Peet
Illinois Supreme Court
Writ of Error to the Circuit Court of Peoria county; the ¡Hon. A. L. Merrimah, Judge, presiding. Burdick and Peet executed and delivered to Erastus Peet the following promissory note: “ $304.40. Cleveland, O., Aug. 27, 1860. “ Sixty days after date, we promise to pay to the order of “ Erastus Peet, at the Bank of Commerce, Cleveland, O., Three “ Hundred and Four Ty„ Dollars, value received.” (Signed) “ BURDICK & PEET.”
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Writ of Error to the Circuit Court of Peoria county; the ¡Hon. A. L. Merrimah, Judge, presiding. Burdick and Peet executed and delivered to Erastus Peet the following promissory note: “ $304.40. Cleveland, O., Aug. 27, 1860. “ Sixty days after date, we promise to pay to the order of “ Erastus Peet, at the Bank of Commerce, Cleveland, O., Three “ Hundred and Four Ty„ Dollars, value received.” (Signed) “ BURDICK & PEET.” The note was assigned by Erastus Peet, the payee, to ¡M¡. A. Earl, and subsequently, by Earl to the plaintiffs in error, Edmund P. Morgan and ¡Ralph ¡R. Boot, who, on the 11th…
1Opinion of the CourtJustice Breese
This was an action of assumpsit, brought in the Peoria Circuit Court, by the indorsee against the indorser, of a promissory note. There are three counts in the declaration; the first on the note and indorsement, the second averring, in addition, the insolvency of the makers, and the third avers, that since the note was made, the makers had dissolved partnership, and transferred their- remaining property to the defendant, the indorser, with the understanding that he should pay the note. ' That in consideration thereof, after the note became due, and that plaintiffs would forbear suit until the…
2Cited by7 opinions
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- People v. Wong Sang LungCalifornia Court of Appeal · 1906
- Travers v. T. M. Sinclair & Co.Appellate Court of Illinois · 1905
- Potter v. Chicago, Milwaukee & St. Paul Railway Co.Appellate Court of Illinois · 1917
- Durham v. GoodwinIllinois Supreme Court · 1870
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