Johnson v. . Olive
This text of 60 N.C. 213 (Johnson v. . Olive) is published on Counsel Stack Legal Research, covering Supreme Court of North Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
The judgment of the Superior Court appears to us to be correct. *Page 132
We take the indorsement, upon which the action is brought, to be susceptible of but two interpretations. It is either an indorsement importing an unconditional promise, but to continued in force for a limited term only, or it is a conditional promise, i. e., a guaranty of the debt for the time limited. If it be the first, the time having been permitted to elapse, the responsibility ceases, and the right of action is gone. If the second, the right of action is not only gone by the lapse of time, but the justice before whom the action was commenced had no jurisdiction of it; and the want of jurisdiction being patent on the face of the pleading, the suit may be dismissed on motion.
Affirmed.
(215)
Free access — add to your briefcase to read the full text and ask questions with AI
Cite This Page — Counsel Stack
60 N.C. 213, Counsel Stack Legal Research, https://law.counselstack.com/opinion/johnson-v-olive-nc-1864.