Patterson v. Cave

This was a suit upon the following note:

“Aug. 6, 1870. One day after date we, or either of us, promise to pay to the order of E. G. Williams, the sum of *440one hundred and seventy-five dollars and twenty-five cents, for value received of him, negotiable and payable without defalcation or discount, bearing' interest at the rate of ten per cent. 1

John T. Cave,

[Signed] Elizabeth Cave,

X>. M. Conn.”

The plaintiff (Patterson) bought this note of the payee (Williams) at or about the time of its date.

The defence was this: Cave was a minor, about nineteen years old, and he and Williams agreed to exchange…