Legal Opinion

Holmes v. Williams

Appellate Court of Illinois

Decided March 8, 1897Published

Assumpsit, on a guaranty of a promissory note. Appeal from the ¡Superior Court of Cook County; the Hon. Arthur H. Chetlain, Judge, presiding.

1Opinion of the CourtJustice Gary

The appellee sued, and recovered judgment against, the appellant for §744.84, as the unpaid balance of a promissory note as follows:

“Chicago, III., January 21, 1891.

Twenty-four months after date, for value received, 1 promise to pay to the order of Ira Holmes, sixteen hundred (1,600) dollars, at his office, with interest at six per cent per annum, after date, until paid.

(Then follows a warrant of attorney to confess judgment.) This note is secured by a chattel mortgage of even date.

Elizabeth Wallace.

(Indorsed on the back.)

For value received, I hereby guarantee the payment of the within note…

2Cases cited7 opinions

  1. McCormick Harvesting Machine Co. v. BurandtIllinois Supreme Court · 1891
  2. White v. WeaverIllinois Supreme Court · 1866
  3. City of Chicago v. MooreIllinois Supreme Court · 1891
  4. Joslyn v. CollinsonIllinois Supreme Court · 1861
  5. Kingsland v. KoeppeAppellate Court of Illinois · 1889

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