259 Pa. 354 | Pa. | 1918
Opinion by
The appeal is from a judgment entered for want of a sufficient affidavit of defense in an action of scire facias sur mortgage. The mortgage was given March 14,1901, by Mary J. Stevenson, to secure a note for $3,100.00 on which her three sons were endorsers, and for all renéwals Of the same. The indebtedness on the note had been reduced from time to time until at the time of the last re
Of quite as little weight is the objection urged of want of consideration. It makes not a particle of difference if the mortgagor was not a party to the note secured by the mortgage. None the less does the mortgage, being under seal, import a consideration; it expressly recites that it is given as collateral security. What difference can it make who or what party was to be advantaged thereby? Neither failure nor illegality of consideration is alleged, and nothing short of these could be inquired into with respect to the consideration.
A point is raised that because .no demand was made of payment of interest between the default of the principal debtor and the bringing of the action against the defendants, standing as they do in the relation of surety to the principal debtor, interest is not now demandable, on the principle that interest as against a surety begins not with the default by the principal, but from the time when demand was made. It is only necessary to observe in reply that the cases cited in support are cases which arose on official bonds: Foltz v. Tradesmen’s Trust & Savings Fund Co., 201 Pa. 583, and Pennsylvania Co. v. Swain, 189 Pa. 626, and the doctrine does not extend beyond these. The plaintiff’s statement showed a sufficient legal cause of action; nothing is averred in the affidavit of defense that, if proved, could defeat it.
The judgment is affirmed.