Remmel v. Collier
Supreme Court of Arkansas
Appeal from Yell Chancery Court; Jeremiah G. Wallace, Chancellor; 1. Liability under the bond was not limited by the terms of the first contract of employment, but was fixed by the bond itself. 89 Ark. 382; 91 Ark. 43. And the general rule is that contracts of suretyship should receive the same liberal interpretation accorded to any other contract. Child, Suretyship and Guaranty, 114; 117 N. Y. 196; 148 N. Y. 241; 27 La. Ann. 653; 99 Ill.
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Appeal from Yell Chancery Court; Jeremiah G. Wallace, Chancellor; 1. Liability under the bond was not limited by the terms of the first contract of employment, but was fixed by the bond itself. 89 Ark. 382; 91 Ark. 43. And the general rule is that contracts of suretyship should receive the same liberal interpretation accorded to any other contract. Child, Suretyship and Guaranty, 114; 117 N. Y. 196; 148 N. Y. 241; 27 La. Ann. 653; 99 Ill. App. 132; 81 Md. 155; 2 How. 476; 17 L. R. A. 652; 20 Cyc. 1425; 35 U. S. 482; 41 U. S. 582; 42 U. S. (1 How.) 169; 1 Brandt. Suretyship (3 ed.), § 1; 107…
1Opinion of the CourtMcCulloch, C. J.
The transcript of the record in this case discloses the following proceedings: Appellant Remmel instituted an action at law against one J. S. Thompson and appellee Collier to recover from Thompson the amount of an alleged indebtedness to appellant as insurance agent, and to recover from appellee Collier the sum of $500 alleged to be due according to the terms of his bond executed to appellant, whereby he undertook to pay indebtedness which might become due and payable by Thompson to appellant. On motion of the defendants in the action, the cause was transferred to the chancery court, and…
2Cases cited1 opinion
- Greenlee v. RowlandSupreme Court of Arkansas · 1908
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