Dasher v. Leinaweaver
Dasher v. Leinaweaver
Opinion of the Court
The opinion of the Court was delivered by
The assignee of a bond takes it subject to all the equity, or right of defalcation which exists against the obligee, unless the obligee tells him that he has nothing to defalk. The assignment to Michael, we consider as an advance in right of his wife, and subject to defalcation, in case the father-in-law’s debts exceeded his assets, in the hands of the defendant, who was his administrator. On old Peter Leinaweaver’s death, the bonds of the defendant were equitable assets, for the payment of his debts. We think, therefore, that the administrators’ accounts were prima facie evidence of the amount of Peter Leinaweaver’s estate, and of the debts paid by the defendant, but not conclusive evidence. Without inquiring into the situation of that estate, justice cannot be done to the defendant. Inasmuch, then,
Judgment reversed, and a venire facias de novo awarded.
Reference
- Full Case Name
- Dasher assignee against Leinaweaver, jun
- Cited By
- 1 case
- Status
- Published