Miller v. State Ex Rel. Lankford, Bank Com'r
Supreme Court of Oklahoma
Miller v. State Ex Rel. Lankford, Bank Com'r, 152 P. 409 (Okla. 1915)
52 Okla. 76; 1915 OK 756; 1915 Okla. LEXIS 243
Devereux
Miller v. State Ex Rel. Lankford, Bank Com'r
Opinion of the Court
Opinion by
(after stating the facts as above). On the merits the question presented in this case cannot be distinguished from that involved in Palmer v. Noe, 48 Okla. 450, 150 Pac. 462, which holds as follows:
“Under section 4694, Rev. Laws 1910, the payee of a promissory note may, at his option, sue one of the sureties, without joining the maker and the other sureties ás' parties defendant; and his failure to sue the maker and other sureties does not operate as a release of the surety sued.
“The failure of the payee of a promissory note to sue the principal, upon the oral request of the surety sued, made long after the maturity" of the note to the attorney of the payee, who' had the note for collection, does not operate as a release of the surety sued, even though the principal, at the time the request was made, was solvent and amply able to pay the note, and in the meantime he and the other sureties thereon became insolvent, it being the duty of the surety upon the failure of the principal to pay the note when due, to pay the same, and pursue his remedy against the principal and his cosureties.”
*78 Counsel for the plaintiff in error has earnestly requested us, in a well-considered brief, to reconsider the question decided in that case and overrule it. But,- after a careful consideration of the authorities, we are satisfied that the case was rightfully decided, and in addition the importance of adhering to the decisions of this court once made, and thus preserving a conformity in the law, cannot be overestimated.
We therefore recommend that the judgment be affirmed.
By the Court: It is so ordered.
Reference
- Full Case Name
- MILLER v. STATE Ex Rel. LANKFORD, Bank Com’r, Et Al.
- Cited By
- 2 cases
- Status
- Published
- Syllabus
- PRINCIPAL AND SURETY—Release of Surety—Action on Note. The second and third paragraphs of the syllabus in Palmer v. Noe, 48 Okla. 450, 150 Pac. 402, fullj- cover the questions decided in this case, and are adopted as the syllabus herein. (Syllabus by Devereux, O.)