Lynchburg Trust & Savings Bank v. A. G. Elliott & Co.
Lynchburg Trust & Savings Bank v. A. G. Elliott & Co.
Opinion of the Court
delivered the opinion of the court.
This is an appeal from a decree rendered in a suit brought by the creditors of James A. McConnell against him and an
“ Sec. 3617. The sheriff or other officer levying a writ of fieri facias or distress warrant may take from the debtor a bond, with sufficient surety, payable to the creditor, reciting the service of such writ or warrant, and the amount due thereon (including his fees for taking the bond, commissions, and other lawful charges, if any), with condition that the property shall be forthcoming at the day and place of sale; whereupon such property may be permitted to remain in the possession and at the risk of the debtor.”
“ Sec. 3619. If the condition ot such forthcoming bond be not performed, the officer, unless payment be made of the amount due on the execution or warrant (including his fee, commission, and charges aforesaid), shall, within thirty days after the bond is forfeited, return it with the execution or warrant to such court, or to the clerk’s office of such court as is prescribed by section 900. The clerk shall endorse on the bond the date of its return ; and against such of the obligors therein as may be alive •when it is forfeited, and so returned, it shall have the force of a judgment. But no execution shall issue thereon under this section.”
The appellant denies that there was any such lien, because the bond was not taken and returned in accordance with these provisions'of the Code.
A number of objections are made here to the bond and the
The decree appealed from, in so far as it holds that the claim of ohe appellees ivas a lien upon McConnell’s lands, and gives it priority over the judgment of the appellant, must be reversed, and this court will enter such decree as the Corporation Court of the city of Roanoke ought to have entered.
Reversed.
Reference
- Cited By
- 1 case
- Status
- Published
- Syllabus
- 1. Fobthcoming Bonds—How payable—Lien of—Effect of bond payable to sheriff.—A forthcoming .bond taken under section 3617 of the Code and made payable to the sheriff, instead of to the execution creditor, as required by that section, does not have the force of a judgment against the obligors therein, under section 3619 of the Code. The lien given by section 3619 being statutory, the steps which lead up to it must be substantially in accordance with the provisions of the statute which create it. The bond is inoperative as a statutory bond and creates no lien, though it may be a good common law bond and the sheriff may sue upon it. In the absence of a statute to that effect, a bond payable to one person cannot operate as a lien in favor of another.