Vaughn v. Haden

This is an action brought by Vaughn against Haden and others to recover a balance due on a promissory note. Ha-den put in his separate answer, stating that he had signed *179the note as security, and that he had paid his full proportion on the same. The court gave judgment against Haden for the balance due on the note.

The only question is whether, under the statute, a security can release himself from the payee or holder of the note by paying a proportional part of the note; and we are referred to sec. 8, R. C. 1865, p. 1156, which reads as follows: “No such security shall be compelled in any…