Shriver v. Lovejoy

Citations

• 32 Cal. 574
• 1867 Cal. LEXIS 103

Syllabus

<p>Joint Makers of Note all Principals.—In an action on a promissory note against several joint makers, neither can show in defense that as between him and the other joint makers he was only a surety.</p> <p>Idem.—All the makers of a joint and several promissory note, as between themselves and the payee, are regarded as principals.</p> <p>Idem.—If one of the joint makers of a note signed as a surety for the others, and the payee sue all, and attach enough of the property of the principals on the note to secure his pay, and then release it, the surety is not thereby discharged.</p>