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MoegaN, J. Defendants are sued for a balance • due on a promissory note, as follows:
“ Opelousas, March 26,1860.
“ On demand I promise to pay to Mr. Lastie Dupré, or order, the sum of one thousand dollars, with eight per cent annual interest thereon until paid, for value received.
“ Signed Richard H. Lumpkin, Alb. Desseau, Elbert Gantt.”
There was judgment against Lumpkin and Gantt. Desseau, or his estate (he being dead), was not condemned. Gantt alone has appealed.
It is admitted that Gantt signed the noto as surety.
He pleads that time was given to his principal, without his assent, and that this releases him from his obligation.
*585 We fiad no extension of time in this case. Plaintiff simply received payments at various times from Ms principal obligor. The note was-payable on demand, and these payments were made, pro tardo, to discharge the obligation.He also pleads prescription. The payments were made in time to take the case out of prescription. He says, however, that the payments were made in Confederate money, and therefore are no payments. Any payment, no matter in what currency, is an acknowledgment of the debt, and therefore interrupts prescription.
Judgment affirmed.
Document Info
Docket Number: No. 876
Citation Numbers: 28 La. Ann. 584
Judges: Moegan
Filed Date: 6/15/1876
Precedential Status: Precedential
Modified Date: 10/18/2024