The main questions in this case arise upon exceptions taken to the refusal of the circuit court to give instructions asked on the part of the plaintiff, and on exceptions to certain portions of the charge. The first question to be considered is, Did the court state the law correctly as to what would amount to a dishonor of the note, so as to subject it to equities existing between the original parties? Upon that point the circuit court inj substance held, that where a note is for the payment of money at a specified time, with interest payable annually, and the note is sold by the payee to a third person when a year’s interest is past due and unpaid, tile law will construe that the note is dishonored — the default in the payment of interest will be sufficient to put the purchaser on his guard to see if there is anything wrong about the note. *635The evidence made this charge applicable, if sound as a proposition of law; for it is an admitted fact that a year’s interest had been due on the note for nearly eleven months, when the plaintiff purchased it of the payee. The case most directly in point in support of the view of the circuit court, is Newell v. Gregg, 51 Barb., 263, to which we were referred on the argument. It is not necessary to state the facts of that' case. It suffices to say that the court held that when a note was given for the payment of $200 two years from date, with interest payable annually, the payment of the interest when due was as much a part of the agreement as the promise to pay the principal; that it was a portion of the debt which was evidenced by one written promise to pay; that when the instrument furnishes evidence that the written promise to pay has been broken, a party taking it has notice that the maker may have a defense. The principle of this decision commends itself to the good sense of everyone, and we think it is sound. For the fact that interest on the note is due and unpaid, is of equally pointed character to show dishonor as the nonpayment of an installment. In Vinton v. King, 4 Allen, 562, the court decided that a note payable by installments was overdue when the first installment -was overdue and unpaid; and that one who took the note afterwards, received it subject to all equities between the original parties. The court say: “ The circumstance- that a note is overdue, makes it incumbent on the party receiving it to satisfy himself that it is a good one; and if he omit so to do, he must stand in the situation of him who -was holder at the time it was due.” See, also, Parsons on Notes and Bills, 374. "W"e therefore think, upon ‘this branch of the case, that the court was right in charging, upon the admitted facts, that the note was deemed to be dishonored when taken by the plaintiff, and that it was open to the defense set up in the answer. And this view disposes of the exception taken to the refusal of the court to give the second special instruction of the plaintiff, which was to the *636effect that if be bad no knowledge of any defense to tbe note at the time it was purchased, a recovery could be bad ujson it. Tbe note in question bore date May 1, 1873, was ¡payable to tbe order of Thomas W. Ilart two years from date, with seven per cent, interest, tbe interest payable annually. The plaintiff purchased the note March 22, 1875, and tbe first year’s interest was then unpaid.! On these admitted facts, the plaintiff could not be said to be an innocent purchaser.
The defense to the note set up in the answer was, that George Farrow, the principal maker of the note, purchased a farm of the payee, the note being given at the time1 in part payment of the purchase money; that in the month of June, 1874, Farrow settled and adjusted all his indebtedness with the payee, and reconveyed the land purchased in payment of. such indebtedness, which included this note; and that the land was accepted by the payee in discharge and payment thereof. There was evidence offered on the trial on the part of the defendants, which tended to establish this defense, but which was contradicted by testimony given on the other side. It appeared from the testimony that Farrow went into possession of the land purchased, and abandoned or surrendered the possession to the vendor in June or July, 1874. In view of this evidence, the court was asked by the plaintiff to instruct the jury, that if they found that the possession of the premises was transferred to the vendor without an express agreement that the contract was to be surrendered and at an end, and the vendee released from its obligations, then the defendants, who were sureties, were liable on the note, and there could be a recovery. Also to charge that if the vendee abandoned possession of the premises held by him under an exec-utory contract of sale, the taking possession by the vendor would not of itself amount to a release from the obligations of the contract. The court refused these requests, but charged that if, without such agreement, the vendor took possession of the land, he rescinded the contract, and the parties were *637restored to their original position, subject to tbe right of the vendee to reinstate himself in equity; or in other words, that if the vendor went and took possession of the premises without any contract or arrangement with Farrow, this would amount to a rescission of all the contracts in relation to the land, and to a payment and settlement of them by his taking possession.
It seems to us this charge was erroneous, and that the instructions asked were applicable to the testimony produced by the plaintiff. "We cannot think any such legal consequence as the learned circuit judge stated, would follow from the mere act of the vendor taking possession of the premises sold. It was doubtless entirely competent for the parties to rescind the contract, and make an arrangement for the surrender of the premises and discharge of the note. But that, without any contract or arrangement of the kind, the mere act of taking possession by the vendor would operate to rescind the contract and discharge all obligations, is a proposition which we think cannot be maintained upon authority. We have examined the cases cited by the defendants’ counsel on this point, and they do not sustain the charge of the court. We can but think the charge erroneous, and that the instructions asked should have been given. It is said, if the vendor repossess himself of the land sold, he puts an end to the contract. That does not necessarily follow. Even the court below held that the rescission would not result from that fact alone, but that the vendee might reinstate himself by an action in equity. But the better answer is, that the' contract could not thus be rescinded by the vendor alone. The mere fact that the vendor repossessed himself of the land sold without any agreement or consent of the vendee, would not extinguish the contract, or relieve the vendor from the obligation to convey on a full compliance with the conditions of the contract by the vendee. This, we think, is very clear. The vendor could foreclose the *638equity of the vendee by action, or tbe contract might be rescinded by the agreement of the parties concerned.
In this case the defendant Coulthard, who signed the note as surety, interposed the defense of infancy. On the trial, he was offered as a witness to prove his defense, but was objected to on the ground that fie was an incompetent witness to prove his own age. The court, however, overruled the objection, and permitted the witness to testify that he was about twenty years and two months old when he signed the note. The same question may arise on the retrial of the case, and therefore, without definitely deciding the point, we will merely say we are inclined to thinlc the evidence was properly admitted. The defendant was a competent witness in his own behalf under the statute; and why should he not be permitted to testify as to his age when he signed the note? What rule of law excludes him as to that fact? His evidence might be of little value, and probably ought to be taken with a good deal of allowance. But it seems to us it was competent to go to the jury, who would attach to it such credit as it was entitled to receive. It was a matter of repute in the family when the defendant was born, and though he could not have any personal knowledge of his birth, yet he might testify as to his age as he had learned it from his parents and relatives. It would seem to come within the rule that a surviving member may testify as to general repute in the family. 1 Greenl. Ev., §§ 103, 134. We do not think there is anything in the case of Weaver v. Stokes, in 1 Tyrwhitt & Grang., 512, in conflict with the views above indicated. But, without absolutely deciding the question, we reverse the judgment on account of the error on the other ^point.
By the Court. — The judgment of the circuit court is reversed, and a new trial ordered.