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10 Vt. 548

Baxter v. Buck

Supreme Court of Vermont

Decided March 15, 1838

Supreme Court of Vermont · decided 1838-03-15

This was an action of assumpsit. The plaintiff declared against the defendant and one Elijah G. Bingham, who was Without this state and upom whom no service was made, Upon a promissory note for $250, dated March, 9, 1827, -Signed by the said Bingham and defendant and payable to William Baxter, (the intestate) or bearer, on demand with interest. Plea — non assumpsit and issue to the country.

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Decided 1838-03-15

How this case has been cited

Cited by 5 later decisions — most recently March 1884

4 state decisions

20183818401850186018701880decided

Later decisions citing this case, by decade. The current decade is in progress, and our corpus holds fewer opinions from the most recent years, so the latest bars are undercounted — not a real decline.

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¶1The opinion of the Court was delivered by

Williams, C. J.

¶2In this case the court are all agreed that the deposition of Portus Baxter was inadmissible. Although his interest in the note was released by him, yet, if the plain*-, tiff failed, the cost of prosecuting the suit, as well as the cost which would be paid to the defendant, would constitute a good charge against the estate of Wh1* JJaxter^ and would, in the end, be paid by the heirs. To make him a witness it was necessary, in addition to the release executed by lfim, that the plaintiff should have discharged him from a]] plaim for cost. As the case will be remanded for trial, if may be proper to decide the other points, which have been argued.

¶3We do not discover that there was such an agreement to delay or give time to the principal, as would discharge the surety. The evidence does not disclose a case withjn the principle repeatedly decided, where the sureties are discharged by giving time to the debtor.

¶4On the question of usury it appears to us extremely doubtful whether the testimony of Bingham establishes the fact, that interest on both notes was included, or that any thing more than lawful interest was reserved, but if it was otherwise the note for the usurious interest was taken by Portus Baxter, without the consent or knowledge of the plaintiff, find, inasmuch as there was a bona fide indebtedness to the estate, of which the plaintiff was administratrix, and the note, received by the plaintiff, was only for the just amount due, *554The note in suit would not be void, if Portus Baxter, without her consent, received a note to himself for any further Sum"

¶5On the other question, whether the plaintiff can maintain this action, declaring as on a note payable to the intestate, the court are not agreed, and must leave it undecided, although we are all agreed that she might maintain an action on the note, in her character as administratrix, declaring on it as a note payable to bearer. It is assets in her hands, and, as such, if she parted with funds belonging to the estate, and received this note therefor, she may as bearer recover thereon, declaring in her representative capacity. Whether the plaintift will venture to sustain the present declaration, or by an amendment obviate the difficulty alluded to, is for her to determine.

¶6The judgment of the county court must be reversed, for the cause first mentioned.

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