Hammond v. Southern Cotton Oil Co.

Felton, Chief Judge.

“The contract of suretyship is one whereby a pex-son obligates himself to pay the debt of another in consideration of credit or indulgence, or other benefit given to his principal, the principal rexxxaining bound therefor. It differs from a guaranty in this, that the consideration of the latter is a benefit flowing to the guarantor.” Code § 103-101. The en dorsements of Hammond quoted above prima facie import a contract of guaranty. Hammond v. Southern Cotton Oil Co., 89 Ga. App. 79 (1), supra. If the uncontradicted evidence discloses a benefit flowing to Hammond, his…