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· 7/1/1873

Knight v. McReynolds

Citations

  • 37 Tex. 204

Syllabus

<p>1. A note made in 1864 is not void because it was made payable “ six months “ after the ratification of a treaty of peace between the Confederate “ States and the United States.” The termination of the war was the real event which fixed the time at which such a note became payable, and the contract was not vitiated by the stipulation.</p> <p>2. The holder of a promissory note purchased land, and in part payment therefor transferred the note to his vendor by indorsement in blank. Held, that by the indorsement the purchaser made the note his own obligation, and the vendor had a lien on the land to secure its amount, unless there was an agreement to the contrary.</p>

Judges: Ogden

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