Murray, C. J., concurred.
By the statute of frauds, a special promise to answer for the debt, default, or miscarriage of another, must be in writing, and must express the consideration upon which the promise is made. But in this case, although the consideration is not expressly stated in the writing, yet the complaint alleges that it was executed at the same time as the lease, and was the consideration upon which Evoy executed the lease to McMakin. The promise of Tewksbury, judged by the complaint, was not a mere promise to answer for the debt, default, or miscarriage of another, but was a promise made, upon the strength of which another was enabled at the time to obtain possession of property, and to enjoy its use; and for all purposes it may be considered as an original undertaking. The statute of frauds was not intended by its framers to embrace a transaction such as is represented in the complaint in this cause. Instead of being a preventive of fraud, it might, in like cases, if otherwise interpreted, be the instrument for the perpetration of the grossest frauds, in dealings between different citizens of the State.
This view seems to be the settled one of Courts in the more modern decisions. In Rider v. Curtis, 16 Com. L. R., 335, the guaranty was as follows: “ I do hereby agree to become security for Mr. R. G., now your traveler, in the sum of £500, for all the money he may receive on your account.” The consideration averred in the declaration was
The credit given by the written guaranty of the third party is the consideration upon which the transaction is closed. As to the question of diligence raised by the demurrer, it seems, that although the rent was payable upon the first day of November, 1854, and the complaint shows that the demand was made upon McMakin upon the 18th inst., yet, by the terms of the lease, it did not expire until the 15th of December, 1854, and a demand of the rent at any time during the term when the same might be due, would be sufficient.
The judgment upon the demurrer is reversed with costs, and the cause is remanded for trial.