Munson v. Adams

Suit was brought, by appellees, against appellant, as guarantor of a promissory note made by the Corrugated Iron Company to Thomas Dowling, for the sum of $668. Judgment was rendered in the court below in favor of appellees, for the amount due upon the note, which we are now asked to reverse.

Appellant insists that he can not be held liable because, first, there was no consideration to support a guaranty, and secondly, because a guaranty is not assignable.

These positions find a complete answer in the evidence. Dowling desiring to assign the note to appellees, in payment of indebtedness which…