Bunker v. Tufts

55 Me. 180
CourtSupreme Judicial Court of Maine
DecidedJuly 1, 1867
StatusPublished
Cited by1 cases

This text of 55 Me. 180 (Bunker v. Tufts) is published on Counsel Stack Legal Research, covering Supreme Judicial Court of Maine primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Bunker v. Tufts, 55 Me. 180 (Me. 1867).

Opinion

Appleton, C. J.

This is an action on the case, under the provisions of R. S., c. 113, § 47, against the defendant for aiding in the fraudulent concealment or transfer of the property of Albert Williams.

The plaintiffs offered in evidence a note, dated Oct. 24, 1864, payable to the president, directors and company of the Second National Bank of Skowhegan, or order, in four months, signed by said Williams, as principal, and by them severally, as sureties.

There was evidence tending to show that, on the 2d or 3d of August, 1865, Williams made a conveyance of certain property to the defendant, fraudulently, and " to secure it from his creditors, and to prevent its attachment or seizure on execution.”

On the 18th of August, 1865, the plaintiffs gave their note for the amount for which.they had signed as sureties, and took up the note of said Williams.

Prior to the 3d of August, 1865, the plaintiffs had made no payment on the note which the bank held against Williams and on which they were sureties. They had signed severally. They had by so signing incurred no joint liabil[182]*182ity. They were not joint creditors or entitled as such to maintain this suit.

After the date of the conveyance alleged to be fraudulent, they gave their joint note. If it were to be conceded that thereby they became joint creditors, still they would not have been joint creditors when the conveyance was made, and therefore could not be permitted to impeach it as such creditors.

The law seems well settled in this State, that where several sureties pay the debt of their principal, and there is no evidence of a partnership or joint interest, or of payment from a joint fund, the presumption of law is that each paid his proportion of the same. Lombard v. Cobb, 14 Maine, 222; Goodall v. Wentworth, 20 Maine, 224. In Lombard v. Cobb, the sureties paid the note by giving their joint note, as in the present case. This rule of law has been adopted in New York. Gould v. Gould, 8 Cow., 168; Doremus v. Selden, 19 Johns., 213. Plaintiff nonsuit.

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Bluebook (online)
55 Me. 180, Counsel Stack Legal Research, https://law.counselstack.com/opinion/bunker-v-tufts-me-1867.