Barnstable Savings Bank v. Higgins

124 Mass. 115 | Mass. | 1878

Gray, C. J.

An attachment on mesne process, made more than four months before the commencement of proceedings in bankruptcy, creates a lien on the property attached, which is preserved by the bankrupt act; and the court in which the action is pending may award such judgment and execution as are necessary to give effect to this lien, and as are authorized by the laws of the Commonwealth, and not expressly or by implication prohibited by the act of Congress. U. S. Rev. Sts. § 5044. Doe v. Childress, 21 Wall. 642. The court may therefore, after the defendant has obtained a certificate of discharge in bankruptcy, render a special judgment against the property held under such an attachment. Davenport v. Tilton, 10 Met. 320. Bates v. Tappan, 99 Mass. 376. Ray v. Wight, 119 Mass. 426.

In the case of the dissolution of such an attachment by giving bond under the statutes of the Commonwealth, and of the principal obligor’s obtaining a certificate of discharge in bankruptcy, the court could not, before the St. of 1875, e. 68, render a special judgment for the plaintiff for the purpose of charging the sureties ; because the condition of such a bond, under the Gen. Sts. e. 123, § 104, was only to pay. the judgment recovered against the principal and which he was bound to pay, but which remained for thirty days unpaid. Carpenter v. Turrell, 100 Mass. 450. Hamilton v. Bryant, 114 Mass. 543. Braley v. Boomer, 116 Mass. 527.

But the St. of 1875 expressly authorizes the court, when the defendant has dissolved, by giving bond, an attachment made four months before the commencement of proceedings in bankruptcy, and has been or is afterwards adjudged a bankrupt, to enter a special judgment for the plaintiff, to enable him to proceed against the sureties on the bond; and requires the bond to contain a condition that the sureties shall, within thirty days after the entry of such special judgment, pay to the plaintiff the sum for which the judgment is entered. This statute applies only to bonds given since it took effect,. Fickett v. Durham, 119 Mass. 159.

We can perceive no force in the suggestion that this statute is inconsistent with the bankrupt act, and therefore invalid. The giving of the bond, by dissolving the attachment, increases the estate to be distributed in bankruptcy. 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 ac cordance with the express terms of their contract, and with the spirit of that provision of the bankrupt act which declares that no discharge of the bankrupt shall release any person liable as a surety for the same debt. The fact that the sureties may here after have a right, upon paying the amount of the judgment, to recover over against the principal, affords no reason why the statute should not authorize, or the court should not order, a special judgment to charge the sureties according to the terms of the bond which both principal and sureties have voluntarily executed — especially where, as in this case, that bond is executed after the commencement of the proceedings in bankruptcy, and therefore no claim under it can be proved against the estate of the principal, either by the obligee or by the sureties.

Exceptions overruled.