Suretyship and personal property security

accepted action affirmed agreed agreement amount answer appellant applied assignment authority automobile Bank bankruptcy become benefit bill bond cause charged chattel claim collateral collect Company complete conditional consideration contract corporation court creditor debt debtor decision default defendant delivered delivery demand deposit discharge duty effect enforce entered entitled equity evidence executed existing facts favor filed follows fraud funds give given guarantor guaranty hands held hold indorsed interest judgment latter liability lien loss material ment mortgage mortgagor notice obligation opinion original paid parties payment performance person plaintiff pledge possession present principal proceeds promise purchase question reason receipt received record recover release result rule sell signed sold statute suit Supreme Court surety thereof tion transaction trial trust valid York