Judgment not rendered on garnishee's liability on negotiable instrument

No judgment shall be rendered upon a liability of the garnishee arising by reason of his having drawn, accepted, made, endorsed, or guaranteed any negotiable bill, draft, note, or other security. Source: SL 1909, ch 156 , § 18; RC 1919, § 2471; SL 1925, ch 183 ; SDC 1939 & Supp 1960, § 37.2819 (1).