Court Opinion

ID: 7099793
Source: CourtListenerOpinion
Date Created: 2022-07-24 12:14:36.580863+00
Date Added: 2024-06-11T16:13:22.350016
License: Public Domain

Rothrock, J.
This cause has already been in this court upon an appeal by the plaintiff, and the judgment was reversed because the court excluded evidence that the loan was made to the defendant and to C. W. Downs and Charles *590Downs. This was upon the theory that if the loan was in fact made to Isaiah Downs, as well as the other defendants he was liable upon an agreement that he would execute the note.
Upon the last trial, however, the evidence tended strongly to show that the fact was, as alleged by the defendant, that he received no advantage from the contract of loan, and that no money was loaned to him. Indeed, the whole scope of the evidence is to the effect that the loan was made to C. W. Downs as principal, and if the defendant had executed the note he would have been a mere surety for O. W. Downs.
1. statute of mant tó efe-6 cute a note as surety. The defendant requested the court to instruct the jury to the effect that, in order to find the defendant liable, they must find from the evidence that the loan was in fact made to him as well as to the other parties named, These instructions were refused. Other instruct tions were given to the effect that the defendant was liable if he agreed to execute the note, and the question as to an agreement to execute it as surety appears to have been ignored.
We have no doubt that where one agrees to execute a note as surety for another, such an agreement is a promise to answer for the debt of that other, and is within the statute of of frauds, unless the agreement is in writing. It is as plain a promise to answer for the debt of another as can well be made. See Brown on the Statute of Frauds, Secs. 174 and 183, and cases cited.
What is said in Van Riper v. Baker, 44 Iowa, 450, as to the views or impressions of a majority of the court upon the validity of a verbal promise, by the party sought to be charged in that case, was upon the theory that his promise was an original undertaking, and not merely an agreement or promise that he would become surety for another, and the thought was based not upon what was denominated the finding of facts in the case, but upon that part of the evidence which appeared in the record. Reversed.