Kent v. Hair

(After stating the foregoing facts.) Assuming that the Tennessee statute is open to the construction that the release of a cosurety or co-obligor does not release the other surety or obligor when the parties other than those not released stipulate that such other surety or obligor be not released, such a construction is contrary to the public policy of this State, as expressed by the Code, §§ 20-910, 103-201, and will not be enforced. Code, § 102-110; Shore Acres Properties Inc. v. Morgan, 44 Ga. App. 128 (160 S. E. 705); Sally v. Bank of Union, 150 Ga. 281 (3) (103 S. E. 400); Ulman, Magill…