49 N.Y. 107 | NY | 1872
The bond upon its face discloses the consideration upon and for which it was given. The transfer and delivery by the plaintiff, to his former partner, of the effects of the firm for collection and sale, is in substance declared by the recital to have been the actual, as it was a reasonable and sufficient consideration, for the bond conditioned for an accounting by that partner, and the payment to the plaintiff of all sums to which he should be entitled from the avails of such effects.
It was not competent for the defendants to vary or contradict this recital by parol evidence. It was a substantive part of the agreement, and not like the consideration clause of a conveyance or other instrument, which may within certain limits be explained and varied by parol. (Renard v. Sampson, 2 Kern., 561;Halliday v. Hart,
It was not claimed that the non-delivery of the books in any way affected the ability of the principal to perform the condition of the bond, or that the defendants or their principal lost anything, or were in any manner embarrassed by reason of such non-delivery. There was no claim for equitable relief on the ground of fraud or mistake, and no foundation for such relief in the evidence. There was no equity in the defence attempted to be set up, if it had been proved, entitling the defendants to relief of any kind against their legal liability.
The judgment must be affirmed.
ALLEN, J., reads for affirmance.
All agree.
Judgment affirmed.