John A. Tolman Co. v. Clements

On April 2, 1889, defendants entered into a writing, which, omitting the formal parts, is as follows:

“I, or either of us, hereby guarantee the payment toJTohn A. Tolman Co. of any and all moneys collected by-John L. Morrissey for account of John A. Tolman Co., and for all moneys which they may from time to time-advance to said John L. Morrissey, and any and all indebtedness now due or which may hereafter become due John A. Tolman Co., in excess of the amount due said John L. Morrissey as per agreement between said John A. Tolman Co. and said John L. Morrissey, and to accept a verified…