This section is from the book "Canadian Banking Practice", by John T. P. Knight.
This section is from the "" book, by .
Question 403. - C. and company hold a joint note of A and B, which is dishonoured. Can B, who is in fact a surety for A, compel the holders to sue A for the amount?
Answer. - Yes, if the holder will not accept the amount from the surety and put him in a position to sue the principal debtor, the surety can compel the holder to sue.
 
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