21 Wis. 392 | Wis. | 1867
The obligation of a surety is stricti juris; and if his contract is not binding at law, there is no liability in equity founded on the consideration between the principal parties. A court of equity will not enforce a liability upon a surety, where he is not held at law. This principle governing the rights of sureties in general, is equally applicable to the case of a married woman having a separate estate, who has entered into a contract as surety for her husband or some third person. Yale v. Dederer, 18 N. Y., 276.
The mortgaged premises were the separate property of Mrs. Freyer. The mortgage was executed to secure the debt of Freyer & Bros. As to the mortgage, therefore, Mrs. Freyer was a mere surety. The only grounds upon which equity gives relief in cases like this, as against any person, are fraud, accident or mistake. There is no pretense of accident or mistake. The satisfaction of the mortgage was the result of a deliberate agreement between the plaintiff and the defendant Nelson Freyer. It must then be on the ground of fraud, if at all, that the satisfaction is to be set aside. Fraud, to be available against Mrs. Freyer, must be fraud on her part. It is presumed that a surety even cannot take advantage of his own fraud. But there is not the slightest evidence showing or tending to show that Mrs. Freyer was guilty of any fraud in procuring the mortgage to be satisfied; and hence the action ought to have been dismissed. This is upon the supposition
By the Court — The judgment of the circuit courtis reversed, and the cause remanded with directions that it be dismissed.