127 Ala. 630 | Ala. | 1900
Ixx coxmection with the above issue, the qxxestion is presented, if it were true that said Keller was merely an indorser on said note, for the accommodation of said Contracting Company, whether he was not entitled to notice of the dishonor of said note at rqaturity, the lack
Again, as a reason why the defendant was not entitled to notice of dishonor, the plaintiff in his second replication admits that said Keller was an accommodation indorser on said note, but says that he “received the money or its equivalent in property from the Tuscumbia Contracting Company on the 23d of January, 1891, with which to pay said indebtedness of $3,300.”
There is no doubt of the principle that when a debtor makes a sale of his property in consideration of the purchaser’s agreement to pay the former’s debts, the creditor, for whose benefit such agreement ivas made, may maintain an action at law, or a suit in equity according to the facts, against the purchaser. — Dimmick v. Register, 92 Ala. 458. There is, however, an entire failure of evidence tending, to show any such agreement upon the part of defendant’s testator, as part of the consideration of the sale to him by the Contracting Company. Nor is there any testimony tending to show that defendant’s testator ever held any money to the use and for the benefit of the bank, represented by the plaintiff. These 'observations apply with equal force to those counts in the complaint seeking to recover upon a stated account.
In a suit against an indorser of a negotiable note, it is necessary to allege and prove demand and notice of dishonor, unless some legal excuse for their omission is relied on, in which event the declaration must aver the facts constituting such excuse. — Mims v. Central Bank, 2 Ala. 294; Cockrill v. Hobson, 16 Ala. 391; McDougald v. Rutherford, 30 Ala. 253. In this case the excuse relied upon as alleged is, that the note was made for the accommodation of the indorser. As to this, there was, as above stated, a failure of proof. It is unnecessary, therefore, to discuss as an excuse for failure to make demand and give notice of dishonor, the evidence tending to show that the indorser received indemnity from the maker. There is no allegation in the complaint of the plaintiff to which such testimony could correspond.
There is no error in the record of which the plaintiff can complain.
Affirmed.