Chap. 91.—An ACT relating to Compromises or Compositions with Joint
Contractors and Co-obligors,

Passed April 25, 1867.

1. Be it enacted by the general assembly of Virginia, That
a creditor may compound or compromise with any joint con-
tractor or co-obligor, and release him from all liability on his
contract or obligation, without impairing the contract or ob-
ligation as to the other joint contractors or co-obligors.

2. When said compounding or compromise is made, the
contract or obligation shall be credited with full share of the
party released, except where the compounding or compro-
mise is with a surety or co-security, and in that case, as he-
tween the creditor and principal, the credit shall be for the
sum actually paid by the compounding debtor.

3. Nothing herein contained, shall affect or impair the
et of contributions between joint contractors and co-ob-
ivors

“4. ‘This act shall be in foreé from its passage.