Sherwood v. Dunbar

Citations

• 6 Cal. 53

Syllabus

<p>The entering a discharge of a mortgage, by the mortgagee, does not, of itself, discharge the debt, but only the security.</p> <p>In an action for contribution, between joint obligors, the Statute of Limitations does not begin to run until after the payment of the debt by the plaintiff.</p> <p>Where the payment was made by plaintiff, by a settlement of accounts with the payee of the note, the statute only begins to run from the date of the appropriation of money due by the payee to the plaintiff, to the payment of the note.</p>