20 Ala. 223 | Ala. | 1852
The only question which is presented by this record is, whether one who endorses a bill for the accom
Upon comparing this section of the statute with the succeeding sections, in which the same language occurs, we think it is exceedingly clear that by the term “ security or securities upon any note, bill, bond,” &c. the Legislature did not intend to embrace endorsers, whether they became such for value, or for the accommodation of the drawer. It is proper to remark, that there is nothing in the succeeding sections indicating an intention to apply a different meaning to these terms, from that which should be given to them in the first. Assuming, then, for the sake of the illustration, that the first section embraces endorsers, they would, in cases where there were two or more, under the second section, have the right as between themselves, to a summary judgment, on motion
Having shown that the construction contended for would reach far beyond the manifest intention of the Legislature, which was to give a more simple and summary remedy to the surety than he previously possessed, and that it would establish an entirely new rule as it respects the extent of the liability of endorsers as between themselves; and further, that it would introduce anomalies in pleading, productive of the greatest confusion, we hence conclude that the Legislature never intended this construction to be placed upon the statute, but when they spoke of security or securities upon a note or hill, by the term bill they meant bill single, or, if a bill of exchange, cases where several parties imite in drawing for the accommodation of one of them.
But it is said this is a remedial statute, and should be liberally construed. If we grant this, we must nevertheless endeavor to arrive at its true spirit and meaning, and reject a
It is supposed tbat tbe case of Meek & Co. v. Black et al. 4 S. & P. 374, is opposed to tbe view bere taken. When tbe facts are considered on wbicb tbat decision was based, we do not tbink tbat it is necessarily so. Be tbis as it may, so far as tbat case countenances tbe doctrine of contribution between accommodation endorsers, in tbe absence of an agreement to contribute, it stands alone, and opposed to all authority, and must be considered as an incorrect exposition of tbe law.
After tbe best examination I bave been enabled to give tbis case, I am satisfied tbe learned judge mistook tbe law, and in tbis opinion my brethren all concur.
Tbe judgment must be reversed, and as tbe plaintiff below cannot proceed in tbis summary way, tbe cause will not be remanded.