Majority
Headnote
If the holder of a note after the time ct payment, and after a suit has beea commenced agaiDst the endorser, release the maker by writing, not under seal, and withou* consideration, such release is void, and is no defence in the action against the endorser.It is evident, from the facts in this' case, that. the writing set up by the defendant, was made and executed 'some time after the note had become due; indeed, after the commencement of this action, and, consequently, at a period when the defendant was liable for the amount as endorser, so that, if this note, in the hands of the plaintiff, as endorsee, could even be considered, or treated, as a parol agreement, it appears that the promise, on the part of the endorser, was broken, and could not be discharged by a new agreement, without satisfaction, unless it be by deed. The writing upon which this defence is grounded, is not under seal, and. is .without consideration; it must be deemed a mere nudum pactum. (Harrison v. Close, 2 Johns. Rep. 450 .) It is, therefore, unnecessary to advert to the conditions showing the intention of the party, as stated in the writing itself, to decide whether it could be controlled by such condition, admitting it to be sufficient in other respects,
Judgment must be entered for. the plaintiff..