The contract of suretyship is one of strict law; and the surety’s liability will not be extended by implication or interpretation. History. Orig. Code 1863, § 2127; Code 1868, § 2122; Code 1873, § 2150; Code 1882, § 2150; Civil Code 1895, § 2968; Civil Code 1910, § 3540; Code 1933, § 103-103.