The defendant, for a consideration, guarantied to the plaintiffs the payment for all goods purchased of them after May 1st, 1858, by Martin L. Ranney, not exceeding $500 in amount, and said Ranney to have a credit of six months from the date of the respective purchases. Between May 20th and July 1st, 1858, six distinct purchases of goods were made upon the faith of this guaranty, based on the credit stated.
Cited by 1 later decisions — most recently May 1908
1 state decisions
Good law ✅— No negative treatment on recordhow we know
¶1I do not perceive the necessity of departing from the principle stated in Smith agt. Dann, a decision which has never been questioned before in any reported case.
¶2I, therefore, adhere to the views stated in my opinion at special term, and think the judgment should be affirmed.