Cain v. Bates
Supreme Court of Missouri
Error to Nodaway Circuit Court. J. 0. Drake and Thomas Y. Bates executed to the plaintiff their joint and several note, dated Aug. 15, 1856, payable twelve months after date, with ten per cent, interest. Bates was but a security although signing as joint debtor. After the execution of the note Drake died and his estate was administered, but the note was not presented for allowance against his estate within three years.
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Error to Nodaway Circuit Court. J. 0. Drake and Thomas Y. Bates executed to the plaintiff their joint and several note, dated Aug. 15, 1856, payable twelve months after date, with ten per cent, interest. Bates was but a security although signing as joint debtor. After the execution of the note Drake died and his estate was administered, but the note was not presented for allowance against his estate within three years. Bates subsequently died, and the note was presented for allowance against his estate, to the Nodaway county court, which rejected the claim, and the case was appealed to the…
1Opinion of the CourtBay, Judge
It is not perceived upon what ground the court below gave judgment for the defendant, for the record certainly presents no valid defence. Admitting that Bates was merely surety in the note, still he could only protect himself by giving the statutory notice to sue, and a-failure to sue within the time prescribed would have exonerated him from all liability.
Let the judgment be reversed and the cause remanded;
Judge Dry den concurring.
2Cited by1 opinion
- Petty v. DouglassSupreme Court of Missouri · 1882