185 N.W. 1014 | S.D. | 1921
Suit on promissory note given by defendant to. plaintiff. Verdict was directed for plaintiff. The ground of the motion to direct verdict was that defendant’s “testimony shows that defendant was an accommodation maker of the note, and that the plaintiff is a holder for value of said note, * * * and that under the law the defendant is liable as an original maker of the note.” From a judgment for plaintiff this appeal was taken.
Appellant contends that defendant was not an “accommodation maker” of the note; and, as we read respondent’s brief, it concedes that to be the fact. The final question, however, is not whether the ground urged for the directed verdict was sufficient to sustain the action of the court, but whether such action was correct, even though its justification must be based on other grounds.
•Certainly it must be conceded that, when appellant promised to sign H.’s note for $30 provided H. could get some one to advance the money on it, if H. had given his note for the $30 only, and the $30 had been advanced him thereon upon the understanding above referred to—such previous advancement would have been a good consideration for defendant’s signature to the note—as between defendant and H., defendant would have been the principal, and H. but a surety. Under the admitted facts, defendant was, as to H., the principal to the extent of $30, andi is in no position to urge want of consideration.
The judgment appealed from is affirmed.