Snyder v. Knight

Citations

• 23 Pa. Super. 309
• 1903 Pa. Super. LEXIS 62

Syllabus

<p>Promissory note — •Judgment—Consideration—Satisfaction.</p> <p>The satisfaction of a judgment and the acceptance of an ordinary promissory note in place of the judgment is a sufficient consideration to support the note.</p> <p>Promissory note — Affidavit of defense — Evasive affidavit.</p> <p>In an action upon a promissory note accepted by plaintiff as a substitute for a judgment bond for the same amount, it appeared that the bond was given at the time of the execution of a deed to defendant of certain land. The deed acknowledged the receipt of the consideration in full, mentioning the amount of the purchase money. The defendant filed an affidavit of defense, averring that the bond was given to secure annual payment of a dower interest in the land conveyed, and that the widow was dead at the time suit was brought. The affidavit, however, did not state that the bond was not a part of the consideration mentioned in the deed. Held, that the affidavit of defense was insufficient to prevent judgment.</p>