164 Iowa 672 | Iowa | 1914
There was no defense to the note by any defendant as against the plaintiff. It was agreed also that Griggs was the principal debtor. Hobbs filed an answer, and cross-bill, wherein he averred, in substance, that he signed the note under an agreement with Park and the other parties thereto that his liability as surety should be secondary to that of Park. The material issue in the ease was made upon this averment. No oral evidence was introduced. The death of Park precluded evidence by the parties to the suit of personal transactions with him. Certain circumstances and writings were relied upon solely in support of the allegation, and the trial court found them sufficient to sustain the cross-petition of Hobbs. Briefly stated, the circumstances shown were as follows: The note sued on was as follows: ‘ ‘ Carroll, Carroll County, Iowa. September 14, 1910. $350.00. On September 14, 1911, after date we promise to pay M. A. Hoyt or order three hundred and fifty and 0-100 dollars for value received m renewal of note No.. 3625 for us with interest at the rate of eight per cent, per annum. . . . L. E. Griggs. O. M. Hobbs. D. H. Park. P. O. Carroll & Lake City, Iowa.” “Note No. 3625,” which is referred to in the note above set forth, was a previous note for a like amount which had fallen due on July 1, 1910, and which had been executed by Griggs and Park as payors to Hobbs as payee. Hobbs had transferred the note to M. A. Hoyt, with a guaranty of payment. It is conceded that this note, which appears in this record as Exhibit B, was the consideration for the note in suit. It was further made to appear that Hobbs signed the note in suit about November 28, 1910, in pursuance of the following written request by Park: *1 Dear Sir: Mr. Hoyt will give Griggs a year’s time on that note so I think by that time he can pay it as I will have a lot .of work for him & will get it out of him. So please sign the note with him & then I will sign it and send you the old note, and oblige, D. H. Park. Carroll, Iowa, Nov. 28, 1910.”
The question of suretyship is not ascertained or determined by the terms of the note but may be inquired into notwithstanding the silence of the note thereon. This rule is elementary, and it is unnecessary to cite authorities thereto.
IV. In view of our conclusion upon the merits of the case, we need not consider appellee’s motion to dismiss the appeal. The judgment below will be — Affirmed.