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16 Johns. 100

Penoyer v. Watson

New York Supreme Court

Decided January 15, 1819

New York Supreme Court · decided 1819-01-15

THIS was an action of assumpsit, brought to recover the e r 7 0 amount of a bill of exchange drawn by the defendant on e ° v the plaintiff, and which-the latter accepted and paid. The cause was tried before Mr. J. Yates, at the New- York sit- . . tings, 111 April, 1818. The bill in question was dated at New-York, April 12, 1816, and was drawn at 90 days after date, for 592 dollars and 58 cents.

Good law ✅— No negative treatment on recordhow we know

Decided 1819-01-15

How this case has been cited

Cited by 12 later decisions (1 by the Supreme Court) — most recently August 1935

1 federal appellate · 10 state decisions

401819182018301840185018601870188018901900191019201930decided

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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Spencer, J.

¶1delivered the opinion of the Court. (After stating the facts of the case.) The question is, whether the plaintiff can maintain an action against the defendant on the bill, or must resort to Jennings Roddy.

¶2*102The case of Myers and Edge, (7 Term, Rep. 254.) is prcc¡se]y jn point. There a letter of credit was directed to the house of A. B. & Co. promising to pay for goods to be furnished to D. The goods were furnished after A., one of the partners, had withdrawn from the partnership, and the guarantor was held not to be liable. This Court has recognized the law of that case, in Walsh & Beekman v. Bailie ; (10 Johns. Rep. 180.) and in Robbins v. Bingham, (4 Johns. Rep. 476.) we held, that the surety could not be bound beyond the scope of his engagement.

¶3It does not appear that the defendant has paid the amount of this draft to Jennings & Roddy, or that they have ever been called upon by the plaintiff to pay it, and we see that ' it could not he enforced.

¶4The misconception, that this bill was drawn on the faith of the letter of credit, deprives the plaintiff of none of his rights, and has not led the defendant into any error.

¶5Judgment for the plaintiff.

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