Draper v. Weld
Draper v. Weld
Opinion of the Court
The court are of opinion that Stevens ought not to have been permitted to testify — for the purpose of showing that he put his name on the note with authority to fill up the blank with a guaranty only — to what Weld said to him when he (Weld) went into the hotel at Fiskdale. This
The court are also of opinion that the jury were wrongly . instructed that giving time to McGregory, by the plaintiff, until January 1st 1858, for payment of the note, would prevent a recovery against Stevens. If, as between McGregory and Stevens, they were cosureties of Weld, the giving of time to one of them did not discharge the other, because the mere giving of time to one of two obligors, whose obligations are equal, will not discharge the other. Dunn v. Slee, Holt N. P. 399, and 1 Moore, 2. Burge on Suretyship, 156. Giving time by oral agreement to McGregory cannot have any greater legal effect than a covenant by a creditor not to sue, for a specified time, one of two or more joint debtors. Such a covenant is not a release, and it furnishes no defence to the other debtors. Lacy v. Kynaston, 12 Mod. 551. Dean v. Newhall, 8 T. R. 168. Shed v. Pierce, 17 Mass. 628. Wilson v. Foot, 11 Met. 285.
Exceptions sustained.
Reference
- Full Case Name
- John W. Draper v. Salem T. Weld & others
- Cited By
- 1 case
- Status
- Published