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124 Minn. 541

Thysell v. Holm

Supreme Court of Minnesota

Decided February 6, 1914

Supreme Court of Minnesota · decided 1914-02-06

Action in the district court for Clay county to recover $243.65 upon two promissory notes. The case was tried before Taylor, J., who granted plaintiffs’ motion for a directed verdict. From an order denying his motion for a new trial, defendant appealed.

Relies on Abel v. Alexander · Bunker v. Taylor · First State Bank v. Schatz

Good law ✅— No negative treatment on recordhow we know

Affirmed · Decided 1914-02-06

How this case has been cited

Cited by 3 later decisions — most recently June 1970

3 state decisions

101914192019301940195019601970decided

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 on two promissory notes executed by father and son. The father alone answered, alleging as a defense that he was a surety and that plaintiffs with knowledge of that fact, for a valuable consideration, extended the time of payment to the son without the consent of the father. The court directed a verdict for plaintiffs. The appeal is from the order denying a new trial.

¶2After the maturity of the notes, the son was asked to pay a past-due book account which he owed plaintiffs. He testified that plaintiffs threatened to bring suit against the makers of the notes, unless he paid this book account, and thereupon he agreed to pay the account, if plaintiffs would extend the time of payment of the notes until the following fall. He claims plaintiffs accepted his promise, which he kept by thereafter paying or adjusting this book account. An extension of- the time of payment of a promissory note which will release n, nonconsenting surety must, like any other contract, be based on a consideration. The sole consideration as disclosed by appellant’s evidence was the promise of the son to pay a past-due debt. This was not a consideration in a legal .sense. He promised no more than he was already obligated to do. Abel v. Alexander, 45 Ind. 523, 15 Am. Rep. 270; Hughes v. Southern Warehouse Co. 94 Ala. 613, 13 South. 133; Ingels v. Sutliff, 36 Kan. 444, 13 Pac. 828; Bunker v. Taylor, 10 S. D. 526, 74 N. W. 450; Jennings v. Chase, [10 Allen] 92 Mass. 526; First State Bank of Montgomery v. Schatz, 104 Minn. 425, 116 N. W. 917.

¶3Order affirmed.

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