International Accountants Society v. Santana

This is a suit on a promissory note executed by a young man, now at the age of majority, during his minority. Ratification of the obviously invalid contract is claimed, upon the basis of three payments of five dollars each made after majority. No evidence of intent to ratify has been offered nor is there anything to suggest that defendant knew when making the payments that the note he had given was of no legal value. On the contrary, defendant testified that he had no intention to ratify and no knowledge of the invalidity of the note. He had no ' sooner executed the note, which was given for…