Court Opinion

ID: 6149344
Source: CourtListenerOpinion
Date Created: 2022-02-05 15:37:27.393967+00
Date Added: 2024-06-11T08:54:58.749473
License: Public Domain

Schuchman, J.
The appeal herein was heard at the last General Term, and the judgment which was entered on a verdict rendered by a jury by the direction of the court- was affirmed on the grounds that there was an appeal from a judgment only, that there was no exception'taken to the granting of the motion for the direction of a verdict, and although a motion was made for a new trial on all the grounds stated in section 999 of the Code of Civil Procedure, and an order denying said motion, no appeal was taken from the said order.
The court, however, overlooked the fact that there was a separate notice of appeal from the order denying the motion for a new trial printed in the appeal book.
A motion for a reargument was, therefore, granted, and the re-argument had.
This suit is brought on a note for $125, made by the defendant and given to the plaintiff. The defense is a general denial and want of consideration.
The'facts established by the evidence are as follows: The plaintiff, The Manhattan Brass Company, had five notes of F. H. Potts Company, amounting to the sum of $514.02. They indorsed and delivered the same to the defendant Gilman, who was to sell them pr to get them discounted. Gilman 'indorsed the same and sold them to a Mrs. Lamb, a relative.of. his, and received a small brokerage commission.
The notes had about eighteen months to run, and when they became due the F. H. Potts Company was bankrupt, and the notes were protested.
Mrs. Lamb threatened to sue the plaintiff, and the defendant as indorsers on said notes. The plaintiff paid and took up said *692notes, and the defendant gave the note in suit to the plaintiff,-saying: “ If you will take up these notes, I will give you one hundred and twenty-five dollars.”
The plaintiff being the first indorser on said Potts Company notes, and the defendant being a subsequent indorser, it was their legal -obligation to pay and take up those notes.
They had no recourse against the defendant and the note given by the defendant was without consideration.
Under this state of facts the direction of the court to the jury to render a verdict in favor of the plaintiff was error. •
Judgment and order appealed from reversed and a new trial granted,' with costs to the appellant to abide the event.
■. Van Wycic, Ch. J., and McCarthy, J., concur.
Judgment and order reversed and new trial granted, with costs to appellant to abide the event.