Morgan v. Nye

Merrick, O. J.

The plaintiff is a resident of Pennsylvania. He had a claim against Henry S. Sherman for $2,474 12. Being about to proceed in the United States Circuit Court to collect the debt, the plaintiff was induced to desist and vote; for a respite upon the verbal agreement of the defendant to stand security for the debt. It is shown that Sherman.eovld not have obtained the respite without the plaintiff’s vote, and that other creditors, in ignorance of the private agreement, were governed by this vote, and voted accordingly, which resulted in a respite.

In a little over a year afterwards…