Enochs v. Newton

Citations

• 65 Miss. 86

Syllabus

<p>Collateral Security. Pledge by wife for debt of husband. Want of con- ■ sideration.</p> <p>When a man and wife execute their joint note in satisfaction of a debt of the husband, barred by limitation, and the wife pledges a note payable to her as security therefor, she cannot withdraw the pledge otherwise than as her-husband could, and the pledgee may enforce the note so pledged to the amount of the joint note, even though the joint note be not obligatory on the-wife, for want of consideration.</p>