Hyder v. Shamy

The question involved in this appeal is whether a creditor of a discharged bankrupt may maintain an action on an oral acknowledgment of the justness of a claim barred by limitation, made subsequent to tbe time it became due and subsequent to the time of his discharge in bankruptcy, and the effect of bankruptcy on limitation. The facts making it necessary to answer such question are as follows: On April 2, 1923, John Hyder gave his promissory note, payable September 2, 1923, for $1,000, bearing interest at 8 per cent, per annum, to Abdo Shamy. On June 25, 1925, he filed his petition in…