Pendleton v. . Jones

The plaintiff sold to the defendant, Jones, his share and interest in the printing press, type and appurtenances of the Charlotte Observer, jointly owned by them, and received in part payment therefor, several notes of the defendant Murchison. The notes were given for property purchased by him of Jones and Pendleton, and were drawn payable to the plaintiff. At the time of their delivery the plaintiff alleges that his copartner agreed to secure the notes by procuring a mortgage on the property sold to Murchison, and that by reason of his failure to do so, the notes had become worthless and…