Eason v. . Dixon

19 N.C. 78 | N.C. | 1836

— We are of the opinion, that the indorsement on this unnegotiable receipt did not amount to more than a guaranty; and if so, that the guarantee, was bound to use such diligence to collect the debt of French or the constable, as a prudent and discreet man would under like circumstances, to collect his own debt: and, unless after using such diligence, he failed to obtain satisfaction of the principal, he could not resort to the guarantor. *79 Towns v. Farrar, 2 Hawks, 163. The guaranty made by an endorser is a conditional one. Williams v. Collins, 2 Mur. 47; 2 Car. Law Repos. 580. The plaintiff did not show that he had used diligence to collect the debt mentioned in the receipt. The judge thought that he could recover without any evidence showing an effort on his part to get the money. In this we think he erred; and there must be a new trial.

PER CURIAM. Judgment reversed.

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