Southern Land & Development Company, Inc. v. Louise C. Silvers

This is an appeal from a judgment in an action on a promissory note to re cover against appellant, Louise C. Silvers, and her husband. Both had agreed in writing to “guarantee” payment of the note for Cherokee Motor Lines, Inc., a corporation in which appellant’s husband was a principal. The parties stipulated to the liability of appellant’s husband and left for determination by the district court only the question whether Louise Silvers was liable as a guarantor of the note. She contended that she was not liable because of 16 Ga. Code Ann. 53-503, which provides:

Wife feme sole as to her…