119 Ga. App. 324 (1969)

167 S.E.2d 213


Court of Appeals of Georgia.

Decided February 13, 1969.

Rehearing Denied March 7, 1969.

Attorney(s) appearing for the Case

Powell, Goldstein, Frazer & Murphy, Wayne Shortridge, Ronald Stallings, for appellant.

Carley & Ramsay, George H. Carley, for appellees.


Code Ann. § 109A-3-118 (e) (Ga. L. 1962, pp. 156, 245) provides: "Unless the instrument otherwise specifies two or more persons who sign as maker, acceptor or drawer or indorser and as a part of the same transaction are jointly and severally liable even though the instrument contains such words as `I promise to pay.'" Where as in the case sub judice there is a negotiable instrument containing the words "we promise to pay" and signed by...

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