57 Iowa 589 | Iowa | 1881
This cause has already been in this court upon an appeal by the plaintiff, and the judgment was reversed because the court excluded evidence that the loan was made to the defendant and to C. W. Downs and Charles
Upon the last trial, however, the evidence tended strongly to show that the fact was, as alleged by the defendant, that he received no advantage from the contract of loan, and that no money was loaned to him. Indeed, the whole scope of the evidence is to the effect that the loan was made to C. W. Downs as principal, and if the defendant had executed the note he would have been a mere surety for O. W. Downs.
We have no doubt that where one agrees to execute a note as surety for another, such an agreement is a promise to answer for the debt of that other, and is within the statute of of frauds, unless the agreement is in writing. It is as plain a promise to answer for the debt of another as can well be made. See Brown on the Statute of Frauds, Secs. 174 and 183, and cases cited.
What is said in Van Riper v. Baker, 44 Iowa, 450, as to the views or impressions of a majority of the court upon the validity of a verbal promise, by the party sought to be charged in that case, was upon the theory that his promise was an original undertaking, and not merely an agreement or promise that he would become surety for another, and the thought was based not upon what was denominated the finding of facts in the case, but upon that part of the evidence which appeared in the record. Reversed.