Damor v. Pardow

Citations

• 34 Cal. 278

Syllabus

<p>Promissory Note.—Where a promissory note was made jointly by A. and B., and delivered to C., the consideration for which was received by A. alone, and as between A. and B. the latter signed as surety for A., who had deposited collateral security for the payment of the note with C., of which transaction as a whole C. had notice when the note was executed : held, that as between the makers and the payee, A. and B. were principals, and liable as such to 0.</p>