Garnier v. Papin
Supreme Court of Missouri
Error to St. Louis Circuit Court. This was an action by L. C. Garnier against J. L. Papin, C. D. Sullivan, J. T. Sullivan and S. Myerson on a negotiable promissory note for five hundred dollars, dated August 17, 1857. The defendant Papin was sued as maker, the others as endorsers. The plaintiff dismissed as to Myerson.
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Error to St. Louis Circuit Court. This was an action by L. C. Garnier against J. L. Papin, C. D. Sullivan, J. T. Sullivan and S. Myerson on a negotiable promissory note for five hundred dollars, dated August 17, 1857. The defendant Papin was sued as maker, the others as endorsers. The plaintiff dismissed as to Myerson. The defendants C. D. & J. T. Sullivan set up the following defence : “ That, by an agreement duly executed and for a valuable consideration, said plaintiff has, with the other creditors of Joseph L. Papin, covenanted and agreed to extend all paper of said Papin, whereon these…
1Opinion of the CourtScott, Judge
This was an action on a negotiable promissory note against the maker and endorsers. By the consent of the parties, the cause was made to turn on the issue, that the plaintiff, by an agreement, duly executed and for a valuable consideration, with the other creditors of Jos. L. Papin, covenanted and agreed to extend all paper of said Papin whereon these defendants here answering are endorsers, including the note here sued on, so that the same shall be due and payable as follows: twenty per cent, thereof in twelve months; thirty per cent, in eighteen months, and the remainder of fifty per cent,…
2Cases cited1 opinion
- Christy v. PriceSupreme Court of Missouri · 1842
3Cited by3 opinions
- Fairbanks, Morse & Co. v. BaskettMissouri Court of Appeals · 1903
- Zerr v. KlugMissouri Court of Appeals · 1906
- Sturgeon v. MuddSupreme Court of Missouri · 1905