8 N.H. 389 | Superior Court of New Hampshire | 1836
delivered the opinion of the court.
Conceding, for the present, that the note not having been presented to the executor within two years after the grant of administration, no action could have been maintained against him upon the note, we shall proceed to consider whether, notwithstanding this, the surety still remained liable ?
It is well settled, that a discharge of the principal under a bankrupt law does not discharge the surety. 6 Mass. R. 33, Flagg vs. Tyler; 4 M. & S. 334, Welsh vs. Welsh; 2 M. & S. 39, Martin vs. Brecknell; 4 J. B. Moore 153, The London Assurance Company vs. Buckle.
And a creditor is under no obligation to prove his debt under a commission of bankruptcy of the principal, unless the surety gives to the creditor an indemnity for the expense. 4 John. C. R. 132; 10 Vesey 414; 6 do. 734; 2 John. C. R. 562.
The surety is the person who trusts the principal, and it is his business to see that the principal pays. A creditor is in no case bound to give notice to the surety that the debt is not paid. 2 Pick. 585, Hunt vs. Brigham; 2 Paige's R. 500, Sailly vs. Elmore; 6 Vesey 734, Wright vs. Simpson; 2 John. C. R. 559, King vs. Baldwin; 17 John. 403, S. C.
Such being the general rules of law, it is very apparent that if the principal die, and his estate be administered in the insolvent course, the creditor is under no obligation to present his claim to the commissioners, and procure what he may from that estate. He has a right, in such a case, to look to the surety for the whole amount.
It is the business of the surety to procure the creditor to lay his claim before the commissioners, or to pay the claim and then lay his own claim before the commissioners for the money he may have paid to the creditor.
In England and New-York a surety may, upon certain terms, compel a creditor to proceed against the principal.
We are, therefore, of opinion that although no action could have been maintained against the executor upon the note at the time the plaintiff paid it, still the plaintiff remained liable upon the note, and that he is entitled to recover in this case whatever he paid to discharge himself from that liability,
Judgment on the verdict.