Gwathney v. M'Lane

OPINION OF

THE COUET.

This action is brought on two notes given by defendants to J. B. Danforth & Co., for one thousand and seventy-six dollars, and indorsed by the payees to the plaintiff. After one of the notes became due, Donahue, who owed, the claim, in the fall of the year 1S41, made an arrangement with the payees, by their agent, to pay both notes by procuring a credit to b" given on a note held by William M’Lane on Danforth & Lewis, for three thousand dollars. The holder of this note agreed to enter the credit, and proper entries were made in the books of.the defendant, in an account…