Bean v. Proseus

Citations

• 3 Cal. Unrep. 558
• 31 P. 49

Syllabus

<p>Negotiable Instruments—Consideration.—In an Action on a Note for $625, the evidence was undisputed that, in consideration for the note, plaintiff transferred to defendant a one-half interest in a note for $2,500, on which the maker thereof agreed to pay $1,250 as a compromise. Held, that the fact that afterward, in an action thereon, the latter note was declared to have been made without consideration, does not affect the consideration for the note in suit, and plaintiff should recover.</p>