Grandy v. Campbell
Opinion
This is a suit on a note for $150 executed by J. M. and Susie Campbell. The case was submitted to the lower court on the following agreed statement of facts:
“It is stipulated and agreed by and between the parties hereto that the defendant, Susie Campbell, is the wife of the defendant, James M. Campbell, and was his wife at the time of the execution of the note in suit. It is further stipulated that the defendant Susie Campbell signed the note as surety for the defendant James M. Campbell for a debt already owing to the plaintiff.
“It is further stipulated and agreed that the defendant Susie Campbell received no consideration for her signature, except the extension of the time of payment of the indebtedness owed by her husband. It is further stipulated and agreed that the plaintiff was pressing for payment at the time and the note was given to secure forbearance and to get a longer time for the payment of same with the wife’s signature thereon. And it is further admitted that the wife has a separate estate and that the plaintiff gave such extension relying on the credit of the wife.”
On this statement of facts, together with the note which, was introduced in evidence, the court gave judgment for plaintiff and defendant appealed.
Under the facts agreed in the case at bar, the defendant, a married woman, contracted with the plaintiff to stand as security for her husband on the note in suit. This was as binding on the defendant as if she had been single and unmarried. There was too ample consideration for the defendant’s promise. By thus joining in her husband’s note she secured an extension of time for the payment of an existing debt. This was a sufficient consideration to support the contract. Janis v. Roentgen, 59 Mo. App. 75, and other authorities cited in plaintiff’s brief. Judgment affirmed.
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78 Mo. App. 502 (Grandy v. Campbell) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.