77 Va. 631 | Va. | 1883
delivered the opinion of the court.
Thomas W. Carter, on the 26th of February, 1880, instituted a chancery suit in the circuit court of Grayson county, and filed his bill (which was intended and prayed to be taken as a creditor’s bill) averring that Ezra Nuckolls and seven other persons, made their single bill, dated August 8th, 1854, binding themselves, jointly and severally, to pay to Griggs Hampton $2,300 on or before December 21th, 1862, with interest thereon from the 21th of December, 1852; that November 1st, 1856, the said single bill being unpaid, the same was, on that day, assigned to the said Thomas W. Carter for value in full received by the said. Griggs Hampton, and that the payment of the said single bill was guaranteed to the said Thomas W. Carter, or bearer “without plea or offset always, whether suit is brought for the collection of the same or not,” by a writing under the hands and seals of both, the said Griggs Hampton and his son, Andrew Hampton, at the said date of the assignment. That the said Thomas W. Carter did institute suit and recover judgment on said single bill, at the maturity thereof, against the obligors thereof; that execution of fi. fa. was duly issued on said judg
We think that the circuit court of Grayson erred in sustaining this demurrer and in dismissing complainant’s bill.
The suit was brought to administer the estate of the intestate, Griggs Hampton, and of having the assets of decedent first ascertained and then applied, by a court of equity, to the payment of a debt due to his creditor, and it was a creditor’s bill in intention and in fact; such a bill is maintainable in equity. 1 Spence Eq. Juris. 519 and 432.
The bill in this case prays for discovery of both real and personal assets, and for accounts showing what disposition has been
But it is objected, by the appellees, that the appellant could not go into equity because one of the joint and several guarantors is dead, and the other surviving, and that the appellant had a complete and adequate remedy at law against the living guarantor. Yet, in this case the appellant had a double resort, the one in equity against the personal representatives of Griggs Hampton, the dead’ guarantor, and the other, at law, against Andrew Hampton, the living guarantor. Code of Virginia, 1873, section 13, chapter 141; 2 Minor’s Ins. 751 and cases there cited; Asberry’s adm’r v. Asberry’s adm’r, 33 Gratt. 471. A creditor having two different securities, or two sets of obligors bound for the same debt, may proceed against both at the same time, though he can have but one satisfaction. Asberry’s adm’r v. Asberry’s adm’r, supra.
The prayer in this bill is for an account, and it is„disclosed by the record that the defendants, after demurring to the bill, prayed to have their answer to the bill taken as a cross bill, in which they asserted claim to credits, and prayed for an accownt, and their said cross bill was duly answered by the appellant denying all its charges.
We are of opinion that the decree of the circuit court of Gray-son complained of is erroneous, and must be reversed and-annulled, and this-cause is remanded to the said circuit court for further proceedings to be had therein in accordance with this opinion.
The decree is as follows:
This day came here the parties, by their counsel, and the court having maturely considered the transcript of the record of the
Which is ordered to be certified to the said circuit court of Grayson county.
Decree reversed.