Majority
The above action was brought upon a promissory note executed to plaintiff by defendants T. M. Rallis and L. Rallis, his wife. The instrument, which was for $1303, was dated August 2, 1926, and payable with interest on August 1, 1927. Some time before its date defendant T. M. Rallis became indebted for money loaned and services rendered by the plaintiff and others. The latter assigned their claims to the plaintiff, and the note was for the amount of the claims.
Defendant T. M. Rallis made no defense to the action.
The above allegations were found to be true, and judgment was accordingly entered against T. M. Rallis and in favor of L. Rallis, his wife. The plaintiff appealed from the latter portion of the judgment, and as grounds therefor it is contended that the court’s finding, which followed the language of the above defense, is unsupported by the evidence.
Forbearance is sufficient to constitute a valid consideration, although it must be under an agreement to forbear, mere forbearance alone being insufficient (Estate of Thomson, 165 Cal. 290 [ 131 Pac. 1045 ]). And it is not necessary that one signing a note as an accommodation maker or as a surety derive any benefit therefrom so long as the payee of the note suffers a detriment (Westphal v. Nevills, 92 Cal. 545 [ 28 Pac. 678 ]). While the record here discloses no evidence of an express agreement by the plaintiff to forbear, such an agreement might be implied from the taking of a note payable at a future time as this suspends action on the original debt (8 Cor. Jur., Bills and Notes, p. 237; Gnarini v. Siviss-American Bank, 162 Cal. 181 [ 221 Pac. 726 ]). The court found, however, that there was no intention by the parties to make the forbearance of the collection, or the extension of time payment, any part of the consideration for the execution of said note by said L. Rallis, and concluded therefrom that there was no consideration for the execution of the note by her.
A finding will not be disturbed if there is substantial evidence to support it (Treadwell v. Nickel, 194 Cal. 243 [ 228 Pac. 25 ]), and this is true, though there be no conflict in the evidence, if different inferences may reasonably be drawn therefrom. (Fanning v. Green, 156 Cal. 279
The portion of the judgment appealed from is affirmed.
A petition for a rehearing of this cause was denied by the District Court of Appeal on September 26, 1931.
Cases cited
- In re the Estate of Thomson 165 Cal. 290 p. 366
- Westphal v. Nevills 92 Cal. 545 p. 366
- Gnarini v. Swiss American Bank 162 Cal. 181 p. 366
- Treadwell v. Nickel 194 Cal. 243 p. 366
- Fanning v. Green 156 Cal. 279 p. 366
- MacDermot v. Hayes 175 Cal. 95 p. 367
- Marinovich v. Kilburn 153 Cal. 638 p. 367