58 Mo. 464 | Mo. | 1874
Lead Opinion
delivered the opinion of the court.
Jacob New was the principal, and the defendant Linen-. schmidt was the surety, in a certain promissory note for the sum of $357, which they had given to the plaintiff. Upon maturity of the note, Linensehmidt, who lived in Warren
Section two of the statute to which allusion has been made provides : “If such suit is not commenced within thirty days, after the service of such notice, and proceeded in with due diligence, in the ordinary course of law, to judgment and execution, such surety shall be exonerated from liability to the person so notified.”
It will be at once perceived from a perusal of the above section, that the creditor who has been notified, must do two things : First, he is to commence his suit within thirty days and second, that suit must be proceeded in with due diligence, in the ordinary course of law, to judgment and execu
The law is just as imperative that the suit against the principal debtor should be pressed to its final consummation, and that too with diligence, as it is that it shall be commenced within the time limited. So soon as the surety gives notice, his former absolute and unconditional liability becomes merely a conditional one, subject to be entirely defeated by non-compliance with the statutory mandate in both the particulars referred to; and subject also, in consequence of compliance, to be re-converted into its former unqualified state'. In other words, the attitude of the surety, after notice, is precisely the same as that' of an indorser before notice, and nothing short of the prompt commencement, as well as the diligent prosecution, of the suit against the principal debtor to the uttermost extremity known to the ordinary course of law, can “fix” the surety, or transform his conditional, into an absolute engagement. Perry vs. Barrett, (18 Mo., 140) although not fully in point, sustains this view.
Under the above detailed circumstances, the plaintiff, having failed to obtain service on New at the first term, should have taken an alias, returnable to the second term, and then, according to the provisions of 2 Wagn. Stat., (§ 20, p. 1010,) if service were not had on New,' the plaintiff would have been entitled to judgment against defendant, unless upon consent of the latter to further delay. And the issuance of an alias writ is as much in the ordinary course of law as the suing out of the original.
Our statute respecting sureties, as to the means it provides for their exoneration, is so plain and positive, that it must be either faithfully obeyed, or else practically obliterated. No hesitancy will be therefore felt in pursuing the former course.
Jndgment reversed and cause dismissed.
Dissenting Opinion
delivered tbe dissenting opinion.
I do not concur in this opinion. As the creditor had a right under the statute to sue both principal and surety, and did so, and the process against the principal was returned “non est,” the plaintiff had a right to dismiss as to the one not served, and take his judgment against the defendant served. He had prosecuted with due diligence and according to law. He might have continued until the next term, if he desired a judgment against the party not served, but he was not obliged to do so. Before the next term the surety might fail, and thus he would lose his debt.