82 Ky. 220 | Ky. Ct. App. | 1884
delivered the opinioh or the court.
Henry L. Pope, a bank cashier, executed his bond as such, with the appellants and one W. H. Walker as his sureties. The covenants of his bond having been broken, an action was instituted in the name of the. Loretto Association and others, against Pope and his sureties for the breach, the action finally terminating;
The original action abated as to Walker, on the third of May, 1872, and was never revived against his personal representative or devisees. All the sureties in this bond would have been released from liability if the original creditor had failed to sue within seven years after the accrual of the cause of action, and if all right of action on the bond was barred on the part of the obligees against Walker, when this judgment was rendered against his co-sureties, then, as already adjudged by this court in the case of Shelton v. Parmer, 9th Bush, Walker’s executors and devisees can not be compelled to contribute.
In applying the principle recognized in that case we find nothing to distinguish it from the case before us. The original action against the sureties had been pending for more than eight years, and seven years had elapsed from the time Walker’s death was entered of record until the final judgment against his co-sureties. It is true a judgment was rendered in December, 1875,
With a judgment for them, as against the principal, it is urged that the co-surety, who had been an acting defendant from the inception of the action until final judgment, would be entitled to contribution because suit had been instituted by the principal obligee against all the parties before the running of the statute.
Section 11, of chapter 104, was enacted for the protection of sureties, and should be construed so as to carry out the legislative intent, and in considering the case of Shelton v. Parmer, that provision, or one similar in the Revised Statutes, was before the court, and the decision controlled by the consideration there given it. Section 241, of Brandt on Suretyship, refers to Shelton v. Parmer, and says that the surety was released from contribution “because the surety who was sued had a statutory right to have compelled a suit.
As a general rule, where the obligee is barred from recovery against a surety by reason of the lapse of time, his co-surety should not be allowed to pay the debt, so as to make his co-surety contribute. The cases cited by counsel, but few of them if any are based upon the construction of statutes for the protection of sureties, and if they were, we would be reluctant, and ought not at this late day reconsider the rule of construction or the doctrine recognized in Shelton v. Farmer. That opinion was delivered for publication at the winter term, 1872. It has doubtless been followed by this and other courts of the State in determining the liability of sureties, the one to the other, and, having been established as a precedent for nearly twelve years, we can see that no good but much harm might result in now disregarding a rule so long established.
All other decisions in courts inferior to this court have been required to conform to it, and, as said in Tubble v. Lane, 7 Monroe, “It is of greater importance that a rule should be uniform and stable than that it should be the best possible rule adopted.”
The judgment below is therefore affirmed.