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12 Ohio St. 158

Stage v. Olds

Ohio Supreme Court

Decided December 15, 1843

Ohio Supreme Court · decided 1843-12-15

This is an action of Covenant, from the county of Pickaway. The plaintiff declared — for that, whereas, heretofore, to wit: on the sixth day of October, 1836, at the county aforesaid, the said Ed-son B. Olds, as principal, and the said Thomas Huston, Joseph Olds, and Andrew Huston, as sureties for said Edson B. Olds, by their covenant in writing, sealed with their seals, etc., agreed and bound themselves that the said Edson B. Olds, within five years from the first day of…

Relies on Hunt v. Adams · Moies v. Bird

Good law ✅— No negative treatment on recordhow we know

Decided 1843-12-15

How this case has been cited

Cited by 21 later decisions (1 by the Supreme Court) — most recently November 1924

20 state decisions

70184318501860187018801890190019101920decided

Later decisions citing this case, by decade. The current decade is in progress, and our corpus holds fewer opinions from the most recent years, so the latest bars are undercounted — not a real decline.

View the full empirical analysis of this case →

Read, Judge.

¶1The single question in this case, is, whether the defendants can be sued jointly.

¶2When several persons execute an instrument, in parol or under seal, upon the same consideration, at the same time, and for the same purpose, and taking effect from a single delivery, they are, in legal effect, joint contractors or obligors. The *fact that some may have exe- [168 euted it as sureties does not affect the joint nature of the contract or obligation, but is mere evidence of the position of the makers among themselves, and protects the security in such advantage as the law bestows upon that relation. The particular form or manner in which the parties have affixed their signatures to a contract or bond is immaterial. It matters not whether those who execute as sureties sign their names directly under that of the principal, and then append to each name the fact of the signing merely as surety, or, whether, as in this instance, the sureties write between their names and that of the principals; that they sign as securities, and then affix signatures.

¶3In the case of Hunt’s Administrator v. Adams, 5 Mass. 358, a note executed in the precise form of this bond was held, by Chief Justice Parsons, to be joint. In the case of Bright v. Carpenter and Shuer, 9 Ohio, 139, the principle is recognized, that it matters not on what part of a note a person may sign his name, if it be connected with the original execution, he may be treated as a maker. In Morris v. Bird, 11 Mass. 436, it is held, that if a person sign a note after its execution by the principal, if it was understood at the time of making the nóte that such person was to sign it, and the acceptance of the note was in consideration of such signing, he will be held as a joint maker.

¶4The principle to be extracted from all the cases, is, that parties connected with the original execution and delivery of a bond, note, or other written instrument, are, in law, unless it be otherwise clearly expressed, joint makers or obligors

¶5*169In the case under consideration, the bond was executed at the same time, upon the same consideration, and for the same purpose, and ■with one delivery. There is but one execution, a single covenant, and one entire breach. All covenanted to save Stage, harmless, from further claim from the Ohio Life Insurance and Trust Company. They united in the execution and delivery of the bond, and the law will not sever them in the breach, but hold them jointly responsible for its performance. The demurrer must be overruled.

¶6Judgment for plaintiff.

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