Summary

Griswold v. Hazard — Opinion of the Court

Peckham, who told him it was a bond upon which he might be liable to pay money. In Mr. Peckham's own words, he said: "If, for example, the court should find a judgment against Durant for any sum of money, and he did not pay it, you could be held for the amount named in these bonds.' He said, 'Well, I guess you are right, but I must see Durant about it. He must do something about it.' I asked him, 'Why, he is rich enough, isn't he?' And Mr. Griswold said, 'Yes, he is rich enough, but he is reckless, and there is no telling how long such a man may stay rich, and he must give me security."
Source: Wikisource

Griswold v. Hazard — Opinion of the Court

And we have a strong conviction that the recollection of Griswold, Gray, Durant, and Van Zandt, as to that interview, is sustained by all the inherent probabilities of the case. And in saying this we would not be understood as reflecting upon the integrity of Hazard's attorneys. The difference in the recollection of gentlemen, in respect to transactions in which they took part, often happens, without any reason to suspect that any of them would intentionally deviate from the line of absolute truth.
Source: Wikisource

Griswold v. Hazard — Opinion of the Court

Notwithstanding this announcement, and doubtless because of the intimation that the bond meant more, in law, than he supposed, Griswold commenced the present suit more than a year before the decree was rendered against Durant, and before the action at law was brought on the bond. Under the peculiar circumstances of this case, we think the defense of laches is without substantial merit. Whether laches is to be imputed to a party seeking the aid of a court of equity depends upon the circumstances of the particular case.
Source: Wikisource

Get perspective with Kwize: daily news enlightened by great literature