Court Opinion

ID: 8329446
Source: CourtListenerOpinion
Date Created: 2022-10-17 20:38:11.791479+00
Date Added: 2024-06-11T16:45:25.283044
License: Public Domain

The opinion of the Court was delivered by
Nott, J.
The only question in this case is, whether the contract appears on its face to be within the statute of frauds, and therefore void *596■under that statute. This instrument is in the form of a penal bond. The first, or obligatory part, is merely a note of hand. It purports to be an original undertaking, and for a valuable consideration. The condition is uo part of the contract. It only provides a method by which the contract may be avoided. And if it was expressly stated to be by the payment of the debt of a third person, I should not consider it as coming within the statute of frauds, because it appears to be founded on a good consideration.
Levy, and M’ Willie, for the motion. Means, contra.
The case of Stephens, Ramsay & Co. v. Winn,(a) was a promise to pay the debt of a third person, without showing any consideration, or even expressing that it was for value received. But even if we look to the condition in this instrument, we are not bound to conclude that this was an undertaking to pay the debt of a'third person. The debt to be paid was dúe from Duren and Ballard. It may be that Duren, one of the payer of those notes, is one of the parties to this contract. We are not to presume that he is ^another person.. It is nothing more, -* then, than a renewal of his note for the’ payment of which, the other has become his security.
It does not, therefore, appear to be a contract within the statute of frauds, and the motion must be granted.
Johnson, Colcock, Richardson, and Huger, JJ., concurred.
Gantt, J., absent, from indisposition.