Hedges v. Bowen

Citations

• 83 Ill. 161

Syllabus

<p>Parol evidence—to explain to whom, gua/ranty was given. Where an insurance company became consolidated with another, which assumed its liabilities, and the stockholders of the first executed a guaranty to pay all the debts and liabilities of the former, but the undertaking was to no one by name, it was held, that it might be shown by extrinsic evidence that the guaranty was to indemnify the latter company against liability for the former, and was not intended for the benefit of its policyholders.</p>