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60 Mass. 360

Balcom v. Richards

Massachusetts Supreme Judicial Court

Decided October 15, 1850

Massachusetts Supreme Judicial Court · decided 1850-10-15

<p>A payment on a note, made before it is barred by the statute of limitations, by one of two joint promisors, and indorsed thereon, will take the case out of the statute as to the party making the payment, but not as to his co-promisor; and an acknowledgment by one promisor, of such payment generally, will be binding on him alone, and not on the other.</p>

Decided 1850-10-15

Dewey, J.

¶1The ruling of the court of common pleas, that a payment, made by one of two defendants upon the note before it was barred by the statute of limitations, prevented the statute from running against both, and that it was not important for the jury to consider, whether Jesse F. Richards admitted that the payment was made by himself or Calvin Richards, was erroneous. This subject was fully considered by this court in the case of Peirce v. Tobey, 5 Met. 168, 171, and that decision must govern the present case.

¶2 Exceptions sustained.

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