Kulp v. Brant

Citations

• 162 Pa. 222
• 29 A. 729
• 1894 Pa. LEXIS 967

Syllabus

<p>Married woman — Surety for husband's debt — Fraud—Agency.</p> <p>A married woman may assign her personal property as security for her husband’s debt; and the assignment is good, although the husband made false representations to his wife to secure the assignment, if the creditor had no knowledge of the fraud. In such a case the husband cannot be considered as the agent of the creditor to secure the assignment.</p> <p>Collateral security — Statute of limitations — Surety.</p> <p>Even if a debt be barred by the statute of limitations, the collateral remains liable, and a third person who has furnished, the collateral is not prejudiced by the debtor giving a bond for the debt, in place of a note which has been barred by the statute.</p>