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1 Ga. 319

Pool v. McCrary

Supreme Court of Georgia

Decided July 15, 1846

Supreme Court of Georgia · decided 1846-07-15

This was an action, tried upon a general demurrer to the declaration, on the appeal, before Judge Alexander, in the Superior Court of the county of Muscogee, at May Term, 1846.

Cited by 1 later decisions — most recently September 1898

Good law ✅— No negative treatment on recordhow we know

Decided 1846-07-15

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¶1By the Court

Lumpkin, Judge.

¶2By the statute of Anne, a paper was not good, as a promissory note, unless the same was payable in money absolutely and at all events. By the act of this State, it is allowable to make it payable in money, merchandize, or any other thing.

¶3By an examination of the instrument sued on, we hold, that it wants none of the essential qualities of a negotiable note, and that it was right to declare on it as such. It is for the absolute and unconditional payment of one thousand dollars, on a day fixed on the face of it. There is a note or memorandum subjoined to the foot of it, specifying one of the inodes in which it may be discharged by the defendants. In the case of Ogden vs. Bacon, (8 John. Rep. 685,) A. gave to B. a promissory note, payable to B. or order, and at the same time made an endorsement on the note, that it was to be delivered to B. in consideration of a judgment against C., to be assigned to A. by B. ; it was held by the court, that this was a promissory note within the statute, and might be declared on as such, notwithstanding the endorsement, which was merely to show the consideration, and to operate as notice, to whoever might purchase the note.

¶4Judgment reversed.

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