Payne v. Nicholson

Defendant in Error, plaintiff below, sued plaintiff in error on a promissory note executed by the defendant. Defendant pleaded payment and for a second plea that

"On or before the execution and delivery of the note here sued upon, the plaintiff and defendant were co-partners under the firm name of NICHOLSON PAYNE: That the plaintiff * * * agreed to sell to defendant and defendant agreed to buy his one-half interest in said business, together with all stock, fixtures, furniture and accounts, among which was an account against the plaintiff, owing to said business, for the sum of $1,500.00 less…