Third National Bank v. Laidlaw

Citations

• 86 Ohio St. (N.S.) 91

Syllabus

<p>Contract of guaranty not construed against guarantor, when — Mutual intention of parties — Arrived at in circumstances of the transaction.</p> <p>A contract of guaranty is not subject to the rule that a promise will be construed against the promisor, and liability will not by construction be enlarged beyond the fair import of its terms, but in order to arrive at the mutual intention of the parties in the language used, resort may be had to the circumstances of the transaction and the situation in which the parties stood.</p>