 A bond creditor shall, in this court, have the benefit of all counter-bonds or collateral security given by the principal to the surety ; as if A owes B money, and he and C are bound for it, A gives C a mortgage or bond to indemnify him, B shall have...  Cases in Bankruptcy - Page 409by Thomas Christopher Glyn, Robert S. Jameson - 1828Full view - About this book
 | Charles Viner - 1793 - 682 pages
...of all counter-bonds or collateral fecurily given by the principal to tie furety ; as if A. owes Б. money, and he and C. are bound for it, and A. gives C. a mortgage, or bond, to indemnify him, B. ihall have the benefit of it, to recover hit debt. Abr. Equ. Cafes, 93. Mich. 1692. Maure v. Harrifon.... | |
 | Edward Christian - 1816 - 502 pages
...a bond creditor shall, in this court, have the benefit of all counter-bonds or collateral security given by the principal to the surety. As if A. owes...shall have the benefit of it to recover his debt. Alanre v. Harrison, M. 1692. 1 Eq. Ca. Abr. Lord Eldon observed, that " he had never heard this relied... | |
 | Edward Christian - 1818 - 696 pages
...collateral security given by the principal to the surety. As if A. owes B. money, and he and C. are bouud for it, and A. gives C. a mortgage or bond to indemnify...shall have the benefit of it to recover his debt. Maure v. Harrison, M. 1602. i Eq. Ca. Abr. Lord Eldon observed, that " he had never heard this relied... | |
 | Sir George Rose - 1821 - 544 pages
...of all counter Bonds or collateral Security, given by the Principal to the Surety. As if A. owes D. Money, and he and C. are bound for it, and A. gives...shall have the Benefit of it to recover his Debt. Mich. 1692, between Maure and Harriton." — Of which the Lord Chancellor observed, that he had never... | |
 | George Shall Yerger, Tennessee. Supreme Court - 1833 - 640 pages
...security, given by the principal to .the surety; as if A owes B money, and he and C are bound for it, -ind A gives C a mortgage or bond to indemnify him, B shall have the benefit of it to recover his debts." In 11 Vesey, 22, the master of the Rolls recognizes the principle, that the creditor is entitled... | |
 | Louisiana. Supreme Court, Branch Walthus Miller, Thomas Curry - 1834 - 842 pages
...the collateral securities given by thn surety as if A owes B money, and C are bound for it, and f™^ A gives C a mortgage or bond to indemnify him, B shall have the benefit of it to recover his debt. 1 Equity Ca. abr. 93, In this case the nature or conditions of the bond are not Io E*STERX Dis. shown.... | |
 | Great Britain. Court of Chancery, Charles Purton Cooper - 1841 - 714 pages
...securities, given by the principal to the surety; as if A. ter securities, owes B. money, and he (A.) and C. are bound for it, and A. gives C. a mortgage or bond to indemnify him, B. shall have the • (a) See ante, p. 638. benefit of it to recover his debt. Maure v. Harrison, 1 Equity Cases Abridged,... | |
 | Matthew Bacon, Sir Henry Gwilliam, Charles Edward Dodd - 1846 - 720 pages
...vide 2 Chan. Ca. 22; Vern. 196. In equity, a bond creditor shall have the benefit of all counter-bonds or collateral securities given by the principal to...shall have the benefit of it to recover his debt. Abr. Eq. 93, Maure v. Harrison. (D) Parties to the Bond. (Sureties.') year, and gives him a bond of... | |
 | 1884 - 550 pages
...security given by the principal to the surety ; as if A. owes B. money, and he and C. are bound for it, A. gives C. a mortgage or bond to indemnify him, B....shall have the benefit of It to recover his debt." And the converse of the rule was stated by Sir Wm. Grant in Wright v. Morley, 11 Vesey, 12, where he... | |
 | Ohio. Supreme Court - 1859 - 638 pages
...thus given in like terms : " In equity, a bond-creditor shall have the benefit of all counter-bonds or collateral securities given by the principal to...shall have the benefit of it to recover his debt. Maure v. Harrison, Abr. Eq. 93. In 1 Story's Equity 481, sec. 502, the commentator, after stating the... | |
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