delivered the opinion of the court.

The loss of the bond gave the Chancery Court jurisdiction. Truly v. Lane, 7 S. & M. 325; New Orleans Railroad Co. v. Mississippi College, 47 Miss. 560.

The suit was properly brought by the complainants, who, with one of the defendants, are the board of directors of the association, and as such represent the rights and interests of all. Wall v. Boisgerard, 11 S. & M. 574; Story Eq. PL § 107.

Decree reversed.