promissory note
Definitions from Case Law · United States Supreme Court
Definitions from Case Law
From 70 U.S. 37 - The Kimball · 1865Most cited · 106 citing opinions
as payment of debt
a promissory note does not discharge the debt for which it is given unless such be the express agreement of the parties; it only operates to extend until its maturity the period for the payment of the debt
How often courts cite the cases defining “promissory note”
Court decisions citing the 2 opinions that defined “promissory note” — 113 in all, by decade. Counts are citations to the defining cases as a whole, not verified uses of the term. The dip in the most recent years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the latest years.
All 2 definitions, chronological · 1799–1865
- ORIGINAL
A note is not, therefore, obligatory and valid, until it has been actually delivered to the party, for whose use it is drawn; and as it receives its life, existence, and negotiable character, at the place where it is so delivered, the law of that place must regulate all its subsequent operations.