2 Vt. 532 | Vt. | 1830
delivered the opinion of the court. — When the mortgage deed was executed, the intestate had been liable on the note to Austin a long time, as it had fallen due in January, A. D. 1826. And the parties could scarcely have contemplated,that the mortgage must of necessity be forfeited as soon as it was made. Had it been executed before the note became payable, the language used in the condition would probably have borne the construction for which the plaintiffs now contend j but being executed after, those expressions are not to be understood as providing against a mere liability to Austin, but only against the consequences of such liability. This then was a common contract of indemnity, where the liability of the surety to be sued is not alone a breach of the contract. As it does not appear that the intestate was at all damnified in his life time, the right of the plaintiffs to recover must therefore depend on the question, whether any actual damage has accrued to the estate. The facts relied on to . show a payment of the debt by the administrators are insufficient
Affirmed.-