Katz v. Judd

Citations

• 108 Wash. 557
• 185 P. 613
• 1919 Wash. LEXIS 926

Syllabus

<p>Bills and Notes (7) —Consideration — Postponement of Debt. The postponement of an obligation to a future date by the giving of a new note is a new and present consideration for the giving of the note.</p> <p>Same (9)—Consideration—Accommodation Paper. The signing of a note as accommodation party, although without receiving consideration, obligates the party on the note.</p> <p>Husband and Wife (29, 74)—-Separate Debts—Contracts With Husband Jointly. A note by a husband and wife for an obligation which, before their marriage, was the separate debt of the husband upon which his future wife was an accommodation party, is the separate debt of each and not their community debt; nor was its character changed by the new promise.</p> <p>Same (94)—Community Property — Judgment. In an action against husband and wife upon their joint note, which was not a community debt, the judgment should be joint and several against the defendants, but not against the community.</p>