Forgy v. McWilliams

Citations

• 127 Pa. 453
• 17 A. 1093
• 1889 Pa. LEXIS 1137

Syllabus

<p>An agreement signed by two persons, that “if the guardian, W., shall buy in certain real estate.....we, the subscribers, hereby agree and bind ourselves to bear equal shares of the loss (with his two wards), which may be sustained by the property bringing less than the face of the mortgage and its interest;” — is a joint undertaking between the subscribers and W.: as to the guardian, the subscribers are sureties, and each undertakes to make him whole as to one half of the loss.</p>