125 Ga. 203 | Ga. | 1906
(After stating the foregoing facts.) One of the grounds in the motion for the new trial was the failure of the court to charge that “if Simons & Co. came into possession and ownership of the two notes sued on for value, before maturity, and in good faith, they would be entitled to recover thereon, unless notice was brought to them that said papers had been changed or altered in a material part thereof.” If the court had charged this doctrine, it would have committed a serious error. If the two defendants wore sureties, as they claimed, and a‘variation in the terms of the contract had been brought about by an alteration of the instrument, i. e. changing the notes to drafts, it was immaterial whether a holder of the drafts was a bona fide purchaser before maturity or not. The change in the terms of the contract releases the surety from liability as against any person, no matter how he comes into possession of the instrument. If the alteration be admitted, the contract becomes one to which the surety is not a party, and he can not be sued “upon a debt he never did contract.” Hill v. O'Neill, 101 Ga. 832.
Judgment affirmed.