Wolfe v. Brown
Wolfe v. Brown
Opinion of the Court
The case of Bashford v. Shaw, 4 Ohio St. Rep. 263, determines the question raised in this case upon the motion for a nonsuit.
The guaranty in this case was conditional, and no liability could accrue upon it against the defendant below, if the note against Salisbury could by reasonable diligence have been collected. The “collection” named in the guaranty required the plaintiff below to sue Salisbury to judgment, if the note could not be otherwise collected.
The law relating to demand and notiee to charge indorsers of commercial paper, has no application to a case of this kind. This guaranty is a special agreement, to be enforced according to its terms. Demand upon the principal, and notice of non-payment to the guarantor, are in general required, because the terms of the guaranty are such that the guarantor was not to be liable unless upon certain conditions, of which he should have notice. The notice in such case need not, in general, be given with the same promptness as is required by mercantile law in respect to commercial paper ; and the delay to give the notice, affords the guarantor no defense, if in fact he could not have been injured by the delay.
Judgment reversed.
Reference
- Full Case Name
- Adam Wolfe, survivor, etc. v. Cyrus Brown
- Cited By
- 1 case
- Status
- Published