Worth v. Smith
Worth v. Smith
Opinion of the Court
delivered the opinion of the Court.
A number of persons were proceeding, at the same time, to subject, by attachment, the steamer John Mills, to their several debts.
In the progress of the case, the Chancellor ordered the steamer to be sold upon a credit, by his Marshal, which was done, and bonds with security taken for the payment of the proceeds to the Marshal, which had fallen due before the final decree was rendered. By the final decree the claimants who are plaintiffs in error, were preferred, and the decree, after directing the costs to be paid out of the proceeds, ordered the balance to be distributed, pro rata, among them. From that decree Baily and Marcy, who were also claimants against the boat, but whose
We are satisfied that the instruction of the Circuit Court was right, and that the amount recovered on the appeal bond ought not to have exceeded the amount of costs and ten per cent, damages awarded on the affirmance. The proceedings against the steamer were proceedings in rem, and the steamer and the proceeds of her sale, were in the custody and under the control of the Chancellor, and if not collected, were already secured by the bond and security executed for its payment. The decree appealed from, was the decree directing the distribution ot tne tuna, and not the decree against the boat, and the appeal would not have the effect to restrict the Chancellor from taking any step which might be deemed proper to secure the fund, notwithstanding the appeal, as in principle was determined by the Supreme Court of the United States in the case of Jennings vs Carson, (2 Condensed Rep. U. S. 2; and 5 Cond. Rep. U. S. 65.) And this Court, in the case of Talbott vs Morton, &c. (5 Litt. 326,) determined that an appeal bond with a penalty sufficient to cover the costs and damages, on an appeal from a decree of foreclosure and sale of mortgaged premises, was good, and that only the costs and damages on an affirmance of such decree, was recoverable in a suit on the appeal bond.
It has been frequently said, that if the surety execute the appeal bond alone, it is sufficient, as his principal is clearly bound by the judgment or decree, or will be bound by the affirmance, by matter of higher dignity than the bond. But if Smith, the surety in the case before us, can
The judgment of the Circuit Court is affirmed with costs.
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