40 Vt. 474 | Vt. | 1868
The opinion of the court was delivered by
This is an action on a promissory note. The questions presented for adjudication arise upon a general demurrer to the plaintiff’s replication to the defendant’s plea in bar. The plea admits the making of the note and the transfer of it to the plaintiff. It sets up as matter of defe'nse, the alleged agreement to extend the time of payment, which amounts to nothing more than matter of excuse for not paying the note according to its terms. This being the nature of the plea, the replication de injuria is allowable and sufficient under a general demurrer, even at common law. The
2. It is insisted by the plaintiff’s counsel that the plea is bad, because it does not appear that the defendant is a party to the agreement set up, nor that the consideration moved from him, nor that the agreement was entered into for his benefit. As to this objection, it is obvious that the plea is defective in form, but on the whole, we think the law would imply that agreement was made between the parties to the note at that time, and on this ground we hold the plea is in this respect sufficient on general demurrer.
It is further claimed by the plaintiff’s counsel that the plea does not show a sufficient consideration for the alleged agreement. The plea alleges that the agreement was made “ in consideration of certain valuable securities then placed in their hands as collateral security for the payment of said note,” which we think is sufficient on
The judgment of the county court is reversed and the cause is remanded.