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4 Mo. 452

Collins v. Waddle

Supreme Court of Missouri

Decided October 15, 1836

Supreme Court of Missouri · decided 1836-10-15

In support of the error assigned in this case, the pltf. relies on Chittyon Bills, p. 126-7, 8, 9, 30, and notes. The defendant in error contends that the set-off is not 'allowable — 1. Old Rev. code, p. 143, sec. 1, shows that ■there is no set-off allowable, when the note is payable “without defalcation,” so that this plea is prohibited by the statute. 2.

Cited by 2 later decisions — most recently December 1898

2 state decisions

Good law ✅— No negative treatment on recordhow we know

Decided 1836-10-15

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¶1Opinion of the court delivered by

McGirk Judge*

¶2Waddle brought an action by petition and summons, Statement of the 1ft the circuit court of St. Louis county, against Collins caKe' on an assigned note. The petition states, that on 21, day *453of October 1833, the defendant made the note, whereby hé promised on the 1st May 1834, to pay to John Darniel or order, five hundred and fifty dollars, negotiable and payable in Br. B. U. S. at St. Louis, without defalcation. That on the 9th May 1835, Darniel assigned the note to William J^yers. That on 26 th May 1836, Myers assigned the same to Waddle. Collins, among other things, pleaded that after making the said note, and while it was the property of said Darniel, and before he had assigned the same, the said Darniel was and still is indebted to the plaintiff, in the sum of one thousand five hundred dollars, for so much money by the defendant, before that time lent to him, and paid, laid out &c.; and for two thousand dollars had and received &c., which he is ready to verify. Wherefore he prays judgment. The plaintiff demurred to this plea, and had judgment on the demurrer. This is the only error complained of.

Opinion of the court.The provisions in cerning off-sets does not apply to Besses'to^be °" “payaWe°without defalcation.”

¶3The act af the legislature respecting asssignments of bonds &c* says: (in page 105, revised code.) “The obli-gor or maker, shall be allowed every just set-off and discount against the assignee or the assignor before judgment, unless it shall be expressed in the bond or note, that the sum therein specified, shall be paid without defalcation or discount.” It’S our opinion, that this note comes within the words above cited, and prevents the defendant from setting up any set-off. This note expresses that the same is to be paid without defalcation: consequently the provision allowing a set-off contained in the 3rd section do not apply to this case. Judgment affirmed.

¶4 Judge Wash absent.

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