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14 Misc. 654

Moynihan v. McKeon

City of New York Municipal Court

Decided November 15, 1895

City of New York Municipal Court · decided 1895-11-15

<p>Appeal from judgment in favor of defendant, entered upon a verdict, and from order denying motion for a new trial.</p>

Decided 1895-11-15

CoisrLAsr, J.

¶1Appeal from a judgment in favor of the defendant and from an order denying a motion for a new trial.

¶2This action was brought on a promissory note against the ■maker and indorser. 1

¶3The answer of the maker admits the making of the note, -and alleges as a defense that it was made without consideration and for the accommodation of the plaintiff and the payee.

¶4The defendant, having the affirmative of the issue thus Taised, offered proof tending to show that Smith, the payee, was, at the time of making the note, indebted to one Russell for a bill of lumber, and that the plaintiff had indorsed or guaranteed the bill.

¶5That said Smith called on the maker and stated to him that if he would make his promissory note at three months pay•able to his order, he and the plaintiff would indorse it and give it to Russell, who would accept it for the bill then falling due. That thereupon, and for the accommodation of the payee and the. plaintiff, he made the note in suit; that the ' note so made was indorsed by the payee- and the plaintiff and •delivered to Russell in payment of the lumber account,.

¶6That after the maturity of said note it was taken up by the ■plaintiff.

¶7. That the note was indorsed by the plaintiff with full knowl•edge of the purpose for which it was made.

¶8The testimony of the plaintiff was to the effect that he did not indorse or guarantee the bill of lumber sold to Smith, the payee. That the payee and maker of the note were doing "business together, and that Smith represented to him that the note was business paper, and that he indorsed it for the accommodation of the payee, who transferred it thereupon to Rusisell. That about a week after maturity he paid the amount •of the note to Russell and received it in his possession, i The questions of' fact thus presented were fairly submitted to the jury under proper instructions as to the law of tM case, ■.and we do not think the verdict should be disturbed.

¶9Judgment affirmed, with costs.

¶10Fitzsimoñs and McCarthy, JJ., concur. '

¶11Judgment affirmed, with costs. .

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