The clerk or justice of the peace shall indorse on all executions issued on judgments rendered in suits on promissory notes and bills of exchange the names of the makers, drawers, acceptors, and indorsers, so as to designate the order in which they are liable. The sheriff or other officer shall make the money on such executions out of the property of the maker or makers, acceptor or acceptors. It shall not be lawful to levy on the property of the indorsers unless sufficient property of the makers, drawers, or acceptors cannot be found by the sheriff out of which the plaintiff’s money and costs can be made; and, in that case, the sheriff may proceed with the execution against the defendant next liable, and so on, until the execution be satisfied.
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