the said C. A. P. and T. P. the payment of the said notes so received and taken, and kept and held by the plaintiffs as aforesaid; of all which premises the defendant had notice, and the defendant has not since the making of his promise aforesaid been accountable for the payment of or paid or satisfied so many of the said notes so made and issued by the said C. A. P. and T. P. as aforesaid, as 30,000l. would extend to pay, or any of such notes whatever, but hath wholly made default; by reason of all which premises the defendant became liable to pay to the plaintiffs upon request the amount of the several sums payable by the said notes so by them taken and received, and held and kept as aforesaid; and being so liable, the defendant in consideration thereof promised, &c. The fourth count stated that whereas before and at the time of the defendant's promise the said C. A. P. and T. P. were indebted to the plaintiffs in 30007., upon certain promissory notes payable on demand for divers sums therein respectively mentioned, before that time, among other promissory notes of the same sort and description, made and issued by the said C. A. P. and T. P., and then in the possession of the plaintiffs as the holders thereof, and then wholly unpaid and unsatisfied, and thereupon afterwards on the 22d of March 1810, in consideration of the premises, and also in consideration that the plaintiffs at the instance and request of the defendant would forbear to sue the said C. A. P. and T. P. for the recovery of the value of the said several notes so in the possession of the plaintiffs, the defendant promised the plaintiffs to be accountable for the payment of all the said promissory notes then issued by the said C. A. P..and T. P. as far as 30,0001. 1812. PHILLIPPS against BATEMAN. In Error. 1812. PHILLIPPS And at the trial before 30,000l. would extend to pay; and then the plaintiffs The bill of exceptions stated that upon the trial of of the issue the counsel for the plaintiffs called G. were 1812. PHILLIPPS against BATEMAN. In Error. 1812. PHILLIPPS were holders of notes lived in his neighbourhood, and that he should be glad of an authority in writing for using the defendant's name, and that he would sketch out such an authority in writing as he thought would be sufficient; and that he did draw out the following form, which was signed by the defendant on the next day, and which was duly proved by a subscribing witness, and was duly stamped, viz. "I Nathaniel Phillipps, of “Slebeck, in the county of Pembroke, Esq. do hereby "authorize Mr. Geo. Bowling to assure the inhabitants "of the town of Pembroke and its vicinity, that I do hereby undertake to be accountable for the payment "of the notes issued by the Milford Bank, as far as the sum of 30,000l. will extend to pay; which will be an "additional security to the public to that amount to the "estate and effects of Charles Allen Phillipps and Thomas "Phillipps, Esqrs. the partners in the said bank. Mil"ford, 22d March 1810. (Signed) "Nath. Phillipps," and witnessed. The witness then stated that he read this paper at the door to the multitude who were there, and that it was afterwards printed and dispersed about by messengers amongst the different bankers in the neighbourhood. But upon his cross-examination by the defendant's counsel, he stated that the plaintiffs, who were bankers at Haverford West, were not present that day at the Milford Bank, and that he did not know of the delivery of any copy of the said written paper to them; that the witness was an agent for the Milford Bank, employed in circulating their notes; that he continued to circulate them until the time of their failure in the July following; and that in the interval between the signing the said written paper and the failure of the Milford Bank, Bank, he circulated several thousand pounds worth of notes, and has no doubt that they were all paid. The plaintiffs' counsel then called W. Reynolds, who stated that he was a clerk to the plaintiffs' banking-house in 1810, at Haverford West, which was seven miles from the Milford Bank; and then he produced a bundle of notes, amounting in value to 31197. 4s., all which bore date prior to the 22d of March 1810; that these notes were notes of the Milford Bank, drawn by C. A. P. and T. P. and payable to bearer on demand for the sums therein respectively mentioned; that these notes came into the possession of the plaintiffs after the time of the said paper having been signed by the defendant, and before the Milford Bank stopped payment; and that the plaintiffs heard of the engagement made by the defendant on or about the day of its date. That the plaintiffs were in the habit of exchanging notes with the Milford Bank every week, and that all these notes came into their hands since the last exchange, and that the plaintiffs took none of them after the breaking of the Milford Bank. That he went to the Milford Bank on the 17th of August 1810, and made there a formal demand of payment of these notes, but there was nobody there to pay them; and with this evidence the plaintiffs' counsel closed their case. Whereupon the defendant's counsel objected that the evidence produced on the part of the plaintiffs was not sufficient, nor admissible to entitle the plaintiffs to a verdict, on the following grounds; first, that there was no evidence whatever of any contract between the plaintiffs and the defendant. Secondly, that there was no evidence whatever of any consideration having existed between the plaintiffs and the defendant to support any undertaking on the part of the defendant to guaranty the payment 1812. PHILLIPPS |