Smith v. Lacey
Smith v. Lacey
Opinion of the Court
delivered the opinion of the court.
The case of Goyer Company v. Jones, 79 Miss., 253 (30 South. Rep., 651), has no application here. That was a case of an appeal bond, and, of course, stood upon an entirely different principle from that occupied by -the sureties in a forthcoming bond for attached property. The case is controlled in all its aspects by Hill v. Harding, 9 Sup. Ct., 725 (32 L. ed., 1083). The court say: “The question not then passed upon, and now presented, is whether, since he has obtained his discharge in bankruptcy, there is anything in the provisions of the bankrupt act to prevent the state court from rendering judgment on the verdict against him, with a perpetual stay of execution, so as to prevent the plaintiffs from enforcing the judgment against him, and leave them at liberty to-proceed against the sureties in the bond or recognizance given to dissolve an attachment made more than four months before the commencement of the proceedings in bankruptcy. Such attachments being recognized as valid by the bankrupt act (Rev. St. of U. S., sec. 5044), a discharge in bankruptcy does not prevent the attaching creditors from taking judgment against the debtor in such limited form as may enable them to reap the benefit of their -attachment. When the attachment remains in fortíe, the creditors, notwithstanding the discharge, may have judgment against the bankrupt. . . . The judgment is not against the person or property of the bankrupt, and has no other effect than to enable the plaintiff to charge the sureties in accordance with the express terms of their contract, and with the spirit of that provision of the bankrupt act which declares that (no dis
Under Code 1892, § 147, the lien of the attachment was not displaced by the execution of the forthcoming bond. Jacobson v. Horne, 52 Miss., 186; Robinson v. Soule, 56 Miss., 551.
Reversed and remanded.
Reference
- Full Case Name
- Charles D. Smith v. Jones E. Lacey
- Cited By
- 6 cases
- Status
- Published
- Syllabus
- 1. Attachment Lien. Bankruptcy. Diselia/rge. Effect. A discharge in bankruptcy of the party principally liable does not preclude a creditor, whose attachment had been levied upon the property of the bankrupt, more than four months before bankruptcy proceedings, from entering such a qualified judgment against the bankrupt as will charge his sureties on a forthcoming bond, since the bankrupt act recognizes as valid attachments so levied and preserves the liability of sureties. 2. Same. Effect of bond. Code 1892, § 147. Under the express provisions of Code 1892, § 147, the lien of an attachment is not affected by the execution of a bond conditioned to surrender the property to answer and abide the judgment of the court; or to pay and satisfy the judgment to the extent of the value of such property.