Bancroft v. Holton
Opinion
The payment having been made and received on a general account of many items of existing legal indebtedness, without any express application of it by either party to any particular items, the law infers the parties intended a just application at the time of payment. There is no ground for a presumption that they then intended the application should be made at a future time, at the date of the writ in this action. The question is, What was their intention when the payment was made? At that time they did not anticipate this suit. The legal presumption is, that they applied the payment to’the oldest items due at the time of the payment, there being no equity or other evidence tending to show an intention to make a different application. Parks v. Ingram, 22 N. H. 283, 295; Thompson v. Phelan, 22 N. H. 339, 350.
Case discharged. ■
Free access — add to your briefcase to read the full text and ask questions with AI
59 N.H. 141 (Bancroft v. Holton) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.