Washington Loan & Banking Co. v. Clary
Washington Loan & Banking Co. v. Clary
Opinion of the Court
(After stating the foregoing facts.) The only evidence tending to establish a contract between Clary and the bank, releasing Clary from his obligation as surety upon the note, is Clary’s testimony as to his conversation with Barksdale, the cashier of the bank. Taking Clary’s testimony most strongly against him (as must be done, since he is a party to the ease), it must be construed as stating that in this conversation Barksdale informed him that Burdett “had endorsed” the note, and that Barksdale “had taken Burdett on the note” as a substituted surety for Clary. This conversation constituted no contract between the bank and Clary. It can .prove no more than that the bank, through
There being no evidence authorizing a jury to find that Clary had a contract with the bank by which he was released as a surety upon the note, the verdict for him was unauthorized.
Judgment reversed.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.