· 7/1/1874
Welch v. Kenny
Citations
- 49 Cal. 49
Syllabus
<p>Novation of Debt.—If A. sells property to B., for which B. is to pay him a price agreed on, and B. then sells the property to 0., who agrees verbally to pay A. whatB. owes him, and A., in consideration thereof, releases B., the transaction is not a promise of C. to pay B.’s debt to A. but a novation, and C.’s promise is not required to be in writing.</p>
Judges: McKinstry
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.