140 Mass. 234 | Mass. | 1885
The defendant set up want or failure of consideration' for the note in suit. As the first step towards establishing the defence, it was necessary to show what the stipulated consideration was. The defendant testified that the note and $500 were given upon the plaintiff’s promise to deliver to him forty shares of the stock of the New Jersey Wire Cloth Company/. This the plaintiff now admits, but no such admission was made at the trial, and the opening to the jury on his behalf stated a different consideration, so that the defendant’s version stood denied. The defendant, to fortify his statement, offered in evidence an agreement signed by the plaintiff, which began as follows: “ In consideration of three thousand five hundred dollars paid me by Wm. Orr, Jr. for forty shares of the N. J. Wire Cloth Co.’s stock, part of which is held in note secured by said stock.” This agreement was excluded. The plaintiff’s signature was admitted, and therefore, if the document referred to the note in suit, it corroborated the defendant’s statement most effectually. It is true
Exceptions sustained.