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Sign up freeThe Lamar Register
Lamar, Prowers County, Colorado
What is this article about?
In 1893, a Colorado bank cashier receives an unusual Iowa promissory note for $12 payable only if a traded mare foals a colt that 'stands and sucks,' raising comical legal enforcement issues referred to an Iowa expert.
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Cashier Gould is wrestling with
some fine law points. On Thursday
morning, he received the following
letter:
46
-, Iowa, June 26, 1893.
First Nat. Bank,
Lamar, Colo.
Dear Sir--Inclosed find note on
for collection. I have written
him, that I would send the note to
you.
Respect,
The "note" was enclosed and the
following is a copy:
Iowa, June 1, 1892.
Art of agreement between
and -.- that he is to pay
$12, when the mare he gets of
has a colt, and the colt stands and
sucks.
Signed
Now that kind of a note may be
common enough in Iowa, but it is a
novelty out here and Mr. Gould has
doubts when payment can be enforced.
For instance would it be due if
the colt stands and don't suck, or if
it lies down and sucks. Or suppose
it wants to suck and its mother
wouldn't let it. One can see that there
are many nice points involved and
not wishing to make any mistakes
the question has been referred to Mr.
Goodale, who being a native of Iowa
is thoroughly familiar with the legal
forms of that state.
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Location
Lamar, Colo.; Iowa
Event Date
June 26, 1893
Story Details
Cashier Gould receives a letter from Iowa enclosing a note for collection, which is an agreement to pay $12 when a mare produces a colt that stands and sucks, prompting humorous questions about enforceability and referral to Iowa native Goodale.