Section 53-2-4 - Joint and several contracts.
53-2-4. Joint and several contracts. Where all the parties who unite in a promise receive some benefit from the consideration, whether past or present, their promise is presumed to be joint and several.
Source: CivC 1877, § 950; CL 1887, § 3574; RCivC 1903, § 1268; RC 1919, § 889; SDC 1939, § 10.0104.