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11 Ind. 1

Powers v. Talbott

Indiana Supreme Court

Decided May 24, 1858

Indiana Supreme Court · decided 1858-05-24

<p>In a suit by tbo assignee of a promissory note against the maker, the defendant is estopped to set up the invalidity of the note, as between himself and the payee, if the plaintiff purchased the note upon the promise of the defendant to pay it.</p>

Relies on Muchmore v. Bates

Good law ✅— No negative treatment on recordhow we know

Decided 1858-05-24

How this case has been cited

Cited by 6 later decisions — most recently January 1919

6 state decisions

201858186018701880189019001910decided

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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Per Curiam.

¶1Suit by the assignee against the maker of a promissory note.

¶2Answer setting up fraud and want of consideration.

¶3Reply, by way of estoppel, that before the plaintiff purchased the note, but while negotiating for it, he inquired of the defendant, the maker, Powers, as to its character, *2and was informed that the note was valid and would be paid at maturity.

W. March, for the appellant (1).S. Yandes and C. Hines, for the appellee.

¶4Trial by jury, and judgment for plaintiff.

¶5The jury found specially, in answer to interrogatories put to them by Powers, that the plaintiff purchased the note upon the promise of Powers, made during the negotiations for the purchase, that the note was valid, and that he would pay it. This being the case, the defendant was estopped to set up, against the present plaintiff, the invalidity of the note, as between him and the payee. Muchmore v. Bates, 1 Blackf. 248.—Sloan v. The Richmond, &c., Co., 6 id. 175.—Williams v. Rank, 1 Ind. R. 230.—Paul v. Baugher et al., 8 Ind. R. 501.

¶6The consequence is, that the judgment is right upon the merits, and we shall not look through the confused record to see whether the Court committed the numerous errors assigned relating to other branches of the case or not.

¶7The judgment is affirmed, with 5 per cent, damages and costs.

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