The Continental Trust Company brought suit against Mrs. Tero C. Amos for $20,000. She„ demurred to the petition generally and specially and filed an answer, various portions of which were demurred to by the plaintiff. • The court overruled the demurrer to the petition, and sustained the plaintiff’s demurrer, as to various paragraphs of the answer, and struck certain paragraphs, and ordered that other paragraphs be stricken unless amended to meet special grounds of the demurrer. Thereupon the case was referred to an auditor, upon proper application; the order - of the court reciting, that it appeared that the cause involved complicated and intricate questions of account, and that the facts and circumstances of the ease were such as to make a reference to an auditor proper and necessary. The defendant filed a bill of exceptions, assigning error on the overruling of her demurrer to the petition, and upon the sustaining of the plaintiff’s demurrer as to certain paragraphs of the answer, and upon the action of the court in referring the case to an auditor.
. The suit was based upon an alleged contract of guaranty, and the facts, as stated in the petition under which the contract was entered into and upon which it was claimed the liability of the defendant arose, were briefly as follows: The Commercial & Savings Bank was a banking corporation doing business in the city of Macon, and on August 1, 1914, made application to the Continental''Trust Company to pay off for it all of its indebtedness to its depositors and other creditors, proposing to transfer as security for such payment its entire assets of every kind and character. The trust company concluded, after examination, that the assets of the bank were insufficient to pay off its ascertained liabilities, and declined to assume the payment thereof on this' security. To induce the trust company to assume the payment of the hank’s *351indebtedness, certain of its directors proposed that if the trust company would assume and pay the liabilities of the bank, “they would guarantee and indemnify and hold harmless” the said trust company against any loss it' might sustain by reason of any deficiency in the amounts realized on the assets of the bank (which were to be transferred to the trust company, for the purpose of paying so far as possible the liabilities of the bank), the amount of this guaranty aggregating $100,000. A copy of the bond,executed by the directors is attached to the petition and follows hereafter, and it appears therefrom that these directors agréed to secure the respective amounts set' opposite their names in the bond. One of the directors who signed this bond was E. N. Lewis, who bound himself to the extent of $20,000 only; and, to insure the performance of the obligation assumed by him “and the punctual payment by him of the amount set opposite his name in said instrument,” Mrs. Amos, the plaintiff in error, executed the instrument which is the basis of this suit. This obligation on the part of Mrs. Amos was a separate agreement, written on the bond, and. bore the same date,' and was made and delivered before the trust company undertook to assume the payment of the indebtedness of the bank, and its assumption of such indebtedness .was partly in consideration of this ■ guaranty. The assets of the bank ■ were converted into cash' and applied to the payment ■ of the various amounts advanced by the trust company in paying all its indebtedness, but, after applying everything realized from this source, there remained a deficiency of more than $100,000, the total amount guaranteed by the several directors. The directors were called upon to make good the amounts which- they had severally guaranteed, and the director Lewis failed and refused to respond to this demand; whereupon suit was instituted to require Mrs. Amos, as a guarantor, to comply with her obligation. ■
The bond executed by the directors and the undertaking entered into by Mrs. Amos appear in the record as follows:
“Georgia, Bibb county.
Know all men by these presents, that whereas the Commercial & Savings Bank, of this city, is unable to meet in due course.its obligations to its depositors and other creditors, and whereas, by resolution of their respective boards of directors, the Commercial & Savings Bank and the Continental Trust Company have agreed *352that said Commercial & Savings Bank will transfer, assign, and deliver to said Continental Trust Company all of the assets of said bank, and that said company will assume the payment of the liabilities of said bank shown on a list of said liabilities furnished by said bank to said company, upon condition that the undersigned as directors of said bank will guarantee and indemnify against loss the said company on account of the assumption of said liabilities as herein set out, and upon the further condition that the four national banks in the city of Macon will additionally guarantee and indemnify said company against loss to the extent of seventy-three thousand ($73,000.00) dollars, and shall advance such moneys as may be necessary to meet withdrawals of deposits-which shall not be immediately redeposited in said company; now, therefore, the undersigned, each for himself, and not one for the other, as sureties, hereby agree and bind themselves unto each other and unto the Continental Trust Compány that they will guarantee and indemnify and hold harmless the said Continental Trust Company against any loss which it may sustain by reason of any deficiency in the amounts realized on the assets of said bank in the payment of the liabilities of said bank in the respective amounts set opposite the name of the undersigned, and no further, to wit:
E. Y. Mallary $25,000.00
E. N. Jelks 25,000.00
E. N. Lewis 20,000.00
J. J. Cobb 15,000.00
L. S. Dure 5,000.00
A. W. Lane 5,000.00
Cecil Morgan 5,000.00
the said respective amounts, or such portion thereof as may be necessary, to be paid, Continental Trust Company as demanded by it; and in the event of the payment by any one of the undersigned of said respective amounts or any part thereof, the said Continental Trust Company shall, upon a final liquidation of the affairs of the said bank, and after accounting to the national banks for the amounts advanced by them, account to the undersigned respectively for any surplus remaining out of said assets after the payment of the liabilities of said bank, in-proportion to the amounts so paid in by the undersigned.
*353■ The undersigned further agree that they will execute and deliver to the Continental Trust Company their several notes evidencing their respective obligations hereunder, and will secure the same in sucli manner as may be satisfactory to said company; and in the event such security is given, said Continental Trust Company shall not be liable or' responsible to either of the undersigned for a failure to record the instrument evidencing such security or to promptly enforce the same, but it is the purpose and intent of this agreement that a reasonable time shall be given to the undersigned to respond to such demands as may be made upon them, taking into consideration the exigencies of such situation .as may arise and the demands for payment which may be made upon said company by the creditors of said bank.
In witness whereof the parties hereto have hereunto set their hands and affixed their seals and delivered these presents this August 3, 1914.
(Signed) E. Y. Mallary (L. S.)
E. N. Jelks (L. S.)
E. N. Lewis (L. S.)
J. J. Cobb (L. S.)
A. W. Lane (L. S.)
Cecil Morgan (L. S.)
Leon S. Dure (L. S.)
Georgia, Bibb county. The undersigned, Mrs. Tero C. Amos, contemporaneously with the execution and delivery of this instrument and as a part thereof guarantees the prompt and punctual performance of the obligation of said E. N. Lewis and the prompt and punctual payment by him of-the amount set opposite his name in said instrument; and I further agree that in the event said E. N. Lewis shall execute and deliver, as hereinabove provided, his note evidencing the amount of his obligation, to indorse the same as security.
Witness my hand and seal and the delivery of these presents this August 3rd, 1914. [Signed] Mrs. Tero C. Amos (L. S.)”
The points raised by the various grounds of the demurrer to the petition, which were overruled, are sufficiently indicated in the headnotes above, so far as it .is deemed necessary to. pass speeifie*354ally thereon. So also the remaining questions raised in the record, are disposed, of.
As indicated above, the ruling - of the court below on the demurrers to the answer can not be considered; and the judgment overruling the demurrer to the petition is affirmed, as is also the judgment appointing an auditor to hear and determine the issues of law and fact in this proceeding.
Judgment affirmed.
Jenkins and Luke, JJ., concur. ,