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16 Cal. 143

Gross v. Parrott

California Supreme Court

Decided July 1, 1860

California Supreme Court · decided 1860-07-01

The case stands on demurrer to the complaint, which avers, in substance, that on the twenty-fifth day of February, 1855, the plaintiff had $4,136.10 deposited in the .banking house of Page, Bacon & Co. Page, Bacon & Co., being unable to presently meet their liabilities, and desiring an extension, and in consideration of the consent of the plaintiff and the other depositors and creditors mentioned in the writing obligatory thereinafter set forth to give said extension, and…

Good law ✅— No negative treatment on recordhow we know

Decided 1860-07-01

How this case has been cited

Cited by 3 later decisions — most recently January 1968

3 state decisions

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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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Cope, J. delivered the opinion of the Court

¶1Field, C. J. concurring.

¶2The complaint in this case shows that the plaintiff has no cause of action. The undertaking of the defendant was, that Page, Bacon & Co. should pay at the particular times mentioned in the agreement signed by the creditors of that firm. The effect of the subsequent transactions between the plaintiff and Page, Bacon & Co. was to extend the time of payment, and, of course, to release the defendant, who was a mere surety. He was not a party to these transactions, and the plaintiff is not entitled to relief on the ground of inadvertence and mistake. There was no want of knowledge on his part in relation to the facts, and the mistake, if any, was simply a mistake as to the law.

¶3Judgment affirmed.

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