Butte Mach. Co. v. Carbonate Hill Mill. Co. Book Reviews
Butte Mach. Co. v. Carbonate Hill Mill. Co. by Supreme Court of Montana Book Summary
Contracts ? Guaranty ? Misjoinder of Parties Defendant. Guaranty ? Surety ? Distinction ? Joinder of Parties Defendant. 1. Under a contract of guaranty the promisor is bound independently of the person for whose benefit it is made, his engagement being a collateral undertaking; hence there being neither privity of contract, mutuality nor joint liability between the principal debtor and the guarantor, they cannot be joined as defendants; under that of suretyship the surety is bound as an original promisor and the creditor may bring his action jointly against him and the debtor. Contracts ? Leases ? Guaranty of Rentals ? Inconsistent Provisions of Contract ? Misjoinder of Parties Defendant. 2. Where under the first clause of a contract a party bound himself generally as a surety, but under a subsequent one the conditions under which he would be liable were particularly set forth which in effect made him a guarantor, the two clauses were so inconsistent with each other as to warrant application of the doctrine announced by section 10520, Revised Codes of 1921, that where a general and particular provision of a contract are inconsistent the latter must prevail, and therefore the promisor was a guarantor and not a surety and could not be joined as defendant with the lessee of property in an action to recover rentals, payment of which he had guaranteed. (See par. 1, above.)
Book Name | Butte Mach. Co. v. Carbonate Hill Mill. Co. |
Genre | Law |
Author | Supreme Court of Montana |
Published | 18 January 1926, Monday |
Language | English |
E-Book Size | 63.14 KB |
Butte Mach. Co. v. Carbonate Hill Mill. Co. (Supreme Court of Montana) Book Reviews 2024
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Summary of Butte Mach. Co. v. Carbonate Hill Mill. Co. by Supreme Court of Montana
The Butte Mach. Co. v. Carbonate Hill Mill. Co. book written by Supreme Court of Montana was published on 18 January 1926, Monday in the Law category. A total of 20 readers of the book gave the book 0 points out of 5.
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