Horace J. Thayer, Appellant v. Simeon B. Manley, Respondent

Summary

The Court held that in an action for conversion of promissory notes the plaintiff is entitled to recover the face value of the notes plus interest, unless the notes are shown to be of less value by payment, insolvency, or another lawful defense. Accordingly, the judgment of the General Term was reversed and the order of the Special Term denying a new trial was affirmed, with a conditional judgment for the full amount.