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Reports of Cases in the High Court of Chancery of Maryland 1846-1854
Volume 200, Volume 1, Page 86   View pdf image (33K)
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86 HIGH COURT OF CHANCERY.

from time to time, were properly applied in the first instance
to the extinguishment of the interest due upon the whole capital,.
the excess of such payments only being applicable to the pay-
ment of the capital itself. But the mode of stating the claim,
contended for by the counsel of Thomas T. Wheeler, would
defeat this incontestible right of the creditor; for by splitting
it up, and applying the payments to the satisfaction, not of the
sum due for interest on the whole debt, but on that portion of
it assumed to be due from the party making the payment, it is
obvious, the creditor would not receive as much for principal
and interest as he was clearly entitled to. It is not asserted,
that the creditor has received more than he had a right to de-
mand, and I therefore think it must follow, that Hilleary has a
right to recover from his co-debtor, Thomas T. Wheeler, the
excess which he Hilleary, has paid, beyond that proportion of
the debt for which he was liable.

The remaining question relates to the extent to which Hil-
leary has a right to use the judgment, for his protection and
indemnity. That he has a right to use it to some extent, is
settled by authority. Sells vs. Admrs. of Hubbell, 2 Johns. Chan.
Rep., 397; Scribner vs. Hickok, 4 io., 530.

The only sums credited upon the judgment at the time of its
assignment to Hilleary, is the $570, paid by his intestate on the
7th May, 1829. The subsequent payments are not credited,
and I can see no reason why the judgment may not be used for
the protection of Hilleary, so far, in the language of Chancellor
Kent, as it clearly and certainly appears that the other party
ought to contribute.

What difference can it make, so far as this question is con-
cerned, whether the party paying more than his proportion of
the debt, pays it from time to time in partial amounts or pays
all at once ? If, to be sure, these partial payments had been
credited upon the judgment, it might, pro tanto, be regarded as
satisfied, and when the final payment came to be made, the
party making it must take and use the judgment, only for what
remained due upon it. But when the judgment stands open, I
cannot see why a co-debtor paying more than his due propor-
tion may not avail himself of the judgment, for his indemnity.



 
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Reports of Cases in the High Court of Chancery of Maryland 1846-1854
Volume 200, Volume 1, Page 86   View pdf image (33K)
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