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207 N.C. 147

176 S.E 261

Holt v. Maddox

Supreme Court of North Carolina

Decided October 10, 1934

Supreme Court of North Carolina · decided 1934-10-10

Cited by 2 later decisions — most recently May 1955

2 state decisions

Good law ✅— No negative treatment on recordhow we know

Decided 1934-10-10

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ScheNCK, J.

¶1This case is governed by Sales Company v. Meyer, 206 N. C., 198, where the following from 8 O. J., 444, was quoted with approval: “One who gives a note in renewal of another note, with knowledge at the time of a partial failure of consideration for the original note, or of false representations by the payee, waives such defense, and cannot set it up to defeat or reduce the recovery on the renewal note.” See, also, Barco v. Forbes, 194 N. C., 204, 139 S. E., 227, and Bank v. Howard, 188 N. C., 543, 125 S. E., 126.

¶2Construing the evidence most favorably to the defendant and applying thereto the principle of law above enunciated, we think his Honor was warranted in charging the jury, in effect, that if they found the facts to be as shown by all the evidence they should answer the issues in favor of the plaintiffs.

¶3Since the defendant’s own testimony was a waiver of such defense, we think his Honor was correct in excluding evidence tending to show damage by reason of breach of warranty. This case is distinguishable from the case of Manufacturing Co. v. Gray, 124 N. C., 322, relied upon by the appellant.

¶4No error.

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