Horace Gray, Waterman v. Alden — Opinion of the Court
“ Even when a man gives security for debts which he may himself contract, opinions have differed upon the question whether it does or does not include debts contracted by him as a member of a partnership. ”
Horace Gray, Waterman v. Alden — Opinion of the Court
“ The decisions upon contracts to secure debts of a particular person are, to say the least, not inconsistent with this conclusion. A contract of guaranty or suretyship, by which one person undertakes to be responsible for debts to be contracted by another, does not ordinarily include debts contracted by the latter jointly with a third person, as partners or otherwise. ”
Horace Gray, Waterman v. Alden — Opinion of the Court
“ Ebsworth, 3 Camp. 52; Assurance Co. v. Bold, 6 Q. B. 514; Montefiore v. Lloyd, 15 C. B. (N. S.) 203; Leathley v. Spyer, L. R. 5 C. P. 595, 602; Palmer v. Bagg, 56 N. Y. 523; Sewing-Machine Co. v. Delano, 113 Mass. 194, 197; Sewing-Machine Co. ”
