Million v. Newby
This text of 6 Ky. Op. 76 (Million v. Newby) is published on Counsel Stack Legal Research, covering Court of Appeals of Kentucky primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
Opinion by
By the payment of the note to Collins, appellant became primarily the creditor of the principal, Robert Million, and his right to look to his co-surety, Newby, for contribution depends upon whether or not the principal in the note was at the time of such payment insolvent.
The evidence shows that at that time Robert Million owned in his own right, unencumbered by liens, a tract of land, which he sold two years afterwards for the sum of nine hundred dollars, nearly one-half of which was applied to the payment of a debt upon which appellant was his surety. It further appears that in 1865 and 1866 Robert Million, owned a grocery store, also, that in 1866 he delivered to appellant $400 in notes.
These facts, considered1 in connection with other circumstances proved, in our opinion rebut any presumption of insolvency upon the part of Robert Million growing out of the general statements of his witnesses that they did not regard him as solvent. By the use of ordinary diligence appellant could have secured indemnity from his son for whom he paid the money to Collins; hence he was properly refused a judgment against his co-surety, Newby, for ■ any amount. This conclusion renders the consideration of the other questions presented unnecessary.
Judgment affirmed.
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Cite This Page — Counsel Stack
6 Ky. Op. 76, 1872 Ky. LEXIS 426, Counsel Stack Legal Research, https://law.counselstack.com/opinion/million-v-newby-kyctapp-1872.