Dougherty v. Salt

¶1Judgment reversed and verdict reinstated, with costs, upon the ground that the note itself in evidence shows a consideration. Jenks, P. J., Thomas, Rich and Blackmar, JJ., concurred; Putnam, J., dissented on the ground that the note, given to an eight-year-old child, with the accompanying testimony, negatives any legal consideration, and the circumstances displace the ordinary presumption from the formula “ for value received.”