Cannon v. Connaway

Citations

• 5 Del. Ch. 559

Syllabus

<p>Cosureties; right to share in indemnity.</p> <p>1. If one cosurety take indemnity from the principal, it will inure to the benefit of all the sureties, and equity will enforce their right to share equally therein.</p> <p>2. It is immaterial that such indemnity was taken before the execution of the instrument of suretyship, if it was taken without the knowledge or consent of the other sureties.</p>