Liability of joint borrowers as among themselves.

When a loan is made under this Act to two or mure persons on such terms that all of them aie jointly and severally bound to thc State Government for the paymcn t of lhe whole amount payable in respect illereof, and a state-ment showing ihc portion of thal amount which as among themselves each is bound to con tri bufe, is enlered upon the order granting the loail and is signed, marked, or sealed by each of them or his agent duly authorised in this behalf and by the officer making the order, that slalemen: shall be conclusive evidence of the portion of that anloun t which as among rhemselves each nF thosc persons is bound to contribute.