56 Mo. 497 | Mo. | 1874
delivered the opinion of the court.
From the record it appears that Thos. J. Daily was appointed. administrator of the estate of James Roddy, deceased, by the Probate Court of St. Louis County, and on the 24th day of December, 1866, he executed his bond in the sum of $100,000, with the defendant, Farrar, as one of his sureties.
At a subsequent term of the Probate Court, the administrator, Daily, was required to give an additional bond in the sum of $50,000, which order he complied with on the 11th day of January, 1867, and the new additional bond was made with other sureties. Both bonds were approved. After-wards, in due course of administration, the .Probate Court made an order for the payment of ninety per cent, of the demands allowed to the creditors, The administrator failed to comply with this order. The plaintiff, whose demand had been allowed, then instituted this proceeding by motion, to obtain judgment against the .administrator and his sureties on the original bond, and judgment was rendered against them, upon which an execution was awarded. An appeal was taken to the Circuit Court, where the judgment of the Probate court was affirmed, and the defendant has now brought the case here.
The only question in the case is, whether the taking of the additional bond had the effect of releasing the sureties on the original bond. The statute in regard to executors and administrators, (Wagn. Stat., p. 75, 76) makes different pro
It will be observed that all the sections preceding section 40, apply to cases where either the co-surety- or some person interested in the estate, institutes a proceeding on the ground that the sureties or the principal have, or are likely to, become insolvent, or that the assets of the estate are being wasted or mismanaged. The 41st section, however, proceeds upon an entirely different reason. There it is left to the discretion of the court, upon its own motion, to order an executor or administrator to give other and further security, when it
The judgment should be affirmed;