Weeks v. Parsons
Decision Date | 16 October 1900 |
Citation | 58 N.E. 157,176 Mass. 570 |
Parties | WEEKS et al. v. PARSONS. |
Court | United States State Supreme Judicial Court of Massachusetts Supreme Court |
COUNSEL Blaney & Robinson, for plaintiffs.
W. O Kyle, for defendant.
We see no error in the rulings or refusals to rule. The court found that there was an understanding between the directors that they should indorse the notes for the benefit of the corporation, and that it was intended and understood that the indorsements were to be joint, and not several. There was evidence warranting this finding, and it follows from it that the indorsers were, as between themselves cosureties. It was not necessary that there should be a contract, in so many words, to sign as co-sureties. It was sufficient if it appeared, taking all of the circumstances into account, that that was the nature of the liability which, as between themselves, the parties intended to assume and did assume. Clapp v. Rice, 13 Gray, 403; Mansfield v. Edwards, 136 Mass. 15; Mulcare v. Welch, 160 Mass. 58, 35 N.E. 97; Hagerthy v. Phillips, 83 Me. 336, 22 A. 223; Macdonald v. Whitfield, 8 App. Cas. 733.
We interpret the refusal of the court to find whether there was an express contract or not as meaning that, as the court in substance ruled, it was not necessary to show an agreement in so many words. In view of the finding as to the intention and understanding of the parties, it is manifest that the defendant was not harmed by the refusal of the court to find that there was not an express agreement, using the word 'express' in the sense which we have given to it above. It is too well settled to require any extended citation of authorities that it may be shown by parol evidence that, as between themselves, the relation between successive indorsers is that of co-sureties. Clapp v. Rice, supra; Mansfield v. Edwards, supra. It is also well settled that indebitatus assumpsit will lie by one surety against another on the contract implied from their relation as co-sureties, to recover from him his share of the amount paid in settlement of the common liability. Bachelder v. Fiske, 17 Mass. 464; Mansfield v. Edwards, supra. Warner v. Morrison, 3 Allen, 566.
Even if there had been an express agreement to contribute, it would not have followed that indebitatus assumpsit would not lie and therefore the ruling that was asked for to that effect was rightly refused. Gibbs v. Bryant, 1 Pick. 118. But it was not...
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...to the payee if the principal did not pay. Under the great weight of authority the agreement is not within the statute. In Weeks v. Parsons, 176 Mass. 570, 58 N.E. 157, directors of a corporation had an understanding that should indorse notes for the benefit of the corporation and that thei......
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...action of contract (Bachelder v. Fiske, 17 Mass. 464;Warner v. Morrison, 3 Allen, 566;Griffin v. Kelleher, 132 Mass. 82;Weeks v. Parsons, 176 Mass. 570, 576, 58 N. E. 157), but in many instances the contract is implied by legal fiction rather than found by rational inference (Barry v. Ranso......
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...indorsers of the notes in question; and the following authorities are cited in support of such contention, namely: Weeks v. Parson (1900) 176 Mass. 570, 58 N. E. 157; Trego v. Cunningham's Estate, 267 Ill. 367, 108 N. E. 350; Plumley v. First National Bank, 76 W. Va. 635, 87 S. E. 94; Hager......
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