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7 Ky. Op. 172

Greer v. Gardner

Court of Appeals of Kentucky

Decided October 9, 1873

Court of Appeals of Kentucky · decided 1873-10-09

<p>Bills and Notes — Failure of Consideration.</p> <p>Where a note was given for a promised loan of money which was never realized, there is a failure of consideration.</p>

Decided 1873-10-09

¶1Opinion by

Judge Peters:

¶2This court said, in the opinion delivered when this case was here on a former appeal, that if the note sued on was not given in consideration of a sale of the note on the Thomases, but only for a promised loan of the money expected to be paid by Thomas, which was never realized, then there was a failure of consideration. This was certainly a correct exposition of the legal proposition involved, and although the two instructions given for appellee, and not complained of, are not in as concise language as they might have been, and may be somewhat obscured by the multiplicity of words. Still we incline to the opinion that said iústructions embody the proposition of law as enunciated in the opinion referred to, and therefore afñrm the judgment.

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