Booe v. Watson
This text of 13 Ind. 387 (Booe v. Watson) is published on Counsel Stack Legal Research, covering Indiana Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
Suit by the appellees against the appellants, on a note made by the appellants to one Robert M. C. Watson, and by him endorsed to the plaintiffs.
Each of the defendants answered separately, setting up as a set-off an indebtedness due to himself from Robert M. C. Watson, accruing before the assignment of the note. Demurrer to the answer sustained, and exception. The ruling on the demurrers is the only matter complained of here.
The ruling below was right. The set-off pleaded, lacked the essential quality of mutuality. Each answer set up matters due to only one of the makers of the note, and in such case they cannot be set-off. Reed v. Coale, 4 Ind. R. 283.—Johnson v. Rent, 9 id. 252.
■ The statute authorizing the principal, in a note ma.de by a principal and surety, to set up as an offset a claim, due [388]*388to himself from the payee, &c., does not apply here, as there is no averment that one of the makers is a principal, and the other a surety. For aught that appears, both makers of the note are principals. If one of the makers of the note were a principal, and the other his surety merely, whereby a debt due from the payee or holder to the principal, could be set-off, that fact should, in our opinion, be averred in the answer setting up the offset.
The judgment is affirmed with 5 per cent, damages and costs.
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13 Ind. 387, Counsel Stack Legal Research, https://law.counselstack.com/opinion/booe-v-watson-ind-1859.