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14 Mo. 399

Clayton v. Phipps

Supreme Court of Missouri

Decided March 15, 1851

Supreme Court of Missouri · decided 1851-03-15

This suit was brought on a note for $387 63, dated at St. Paul, Missouri, 17th Oct. 1848, •signed by Griffin as maker and payable eight months after date to Thomas F. Clayton, or order, for value received, negotiable and payable, without defalcation or discount, with interest from maturity at the rate of 6 per cent, per annum, which was endorsed before maturity and delivered to Romulus J. Poindexter, who, before it was due, endorsed and delivered it to -Phipps and others, a…

Good law ✅— No negative treatment on recordhow we know

Decided 1851-03-15

How this case has been cited

Cited by 3 later decisions — most recently December 1903

3 state decisions

10185118601870188018901900decided

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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Ryland, J.,

¶1delivered the opinion of the court.

¶2Prom the above statement, the question of most importance in this qase is, did the promise of the defendant to pay the note after its maturity afford evidence of the waiver of presentment and notice ?

¶3This action was on a negotiable note against the endorser. The de-fence relied on was that due diligence had not been used by the holder against the original maker of the note, averting that the maker was am-*402piy solvent at the maturity of the note and for a considerable time after-wards.

¶4The proof shows that the endorser frequently promised to pay the note after it was due. The note was presented to him, and he promised to pay it to the plaintiff’s attorney from time to time, thereby obtaining indulgence on said note ; asking the plaintiff’s attorney not to sue him, he would pay it sooner than it could be obtained by law, and he desired to avoid the costs of suit.

¶5We think these promises made by the endorser to pay this note did away with the necessity of proof of presentment ahd notice.

¶6The principies involved in this case are somewhat similar to those of the case of Dorsey vs. Watson decided at this term of the court, to which 'we refer.

¶7From all appearing on the record in this case, we find nothing warranting an interference with the judgment below. It is, therefore, affirmed.

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