Lanes, Boyce & Co. v. Squyres & Iglehart
Texas Supreme Court
Appeal from Parker. Tried below before the Hon. Charles Soward. Lanes, Boyce & Co., a mercantile firm in the city of Hew York, on the 9th of August, A. D. 1860, sold to defendants, merchants in Texas, goods to the amount of $1,034.69, and took their note for the same, payable at plaintiffs’ office in Hew York, at six months. Lanes, Boyce & Co. indorsed this note to the Hational Bank of the Republic. In August, 1866, the bank held the note still unpaid.
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Appeal from Parker. Tried below before the Hon. Charles Soward. Lanes, Boyce & Co., a mercantile firm in the city of Hew York, on the 9th of August, A. D. 1860, sold to defendants, merchants in Texas, goods to the amount of $1,034.69, and took their note for the same, payable at plaintiffs’ office in Hew York, at six months. Lanes, Boyce & Co. indorsed this note to the Hational Bank of the Republic. In August, 1866, the bank held the note still unpaid. On this date E. I. Iglehart, agent of the defendants, made with R. H. Lowery, president of the bank, an agreement to pay fifty cents on the…
1Opinion of the Court
Ireland, Associate Justice.
In the amended answer of defendants, filed the 8th of October, 1872, they say that they settled and compromised the debt sued on, in the manner set out, “in consideration of the fact that the said note here sued on was an ante helium note.”
On the 6th day of January, 1873, defendants filed another, amended answer, in which they say “that said compromise, so made, was, in fact and in truth, a part of a general composition and compromise made and entered into with the general creditors of defendants, in the said city of Hew York, by their defendants.
“ That each of said…
2Cases cited3 opinions
- Perkins v. LockwoodMassachusetts Supreme Judicial Court · 1868
- Hopkins v. WrightTexas Supreme Court · 1856
- Bradshaw v. DavisTexas Supreme Court · 1854
3Cited by19 opinions
- Cleveland v. WardTexas Supreme Court · 1926
- Simms Oil Co. v. American Refining Co.Texas Commission of Appeals · 1926
- Way Way v. Coca Cola Bottling Co.Texas Supreme Court · 1930
- McCarty v. HumphreyTexas Commission of Appeals · 1924
- Bergman Produce Co. v. BrownCourt of Appeals of Texas · 1914
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