54 Colo. 604 | Colo. | 1913
delivered the opinion of the court:
Action in the district court against the sureties on an administrator’s special bond given as required by statute upon the sale of real estate to pay debts of the decedent.
The complaint alleges in substance that Patrick W. McNamara died owning real estate situated in both Colorado and Nebraska; that Burke as his administrator filed a petition in the county court of Sedgwick county, Colorado, tO' sell real estate to pay debts of the estate; that the court entered an order for the sale, among- other lands, of 84.12 acres in Deuel county, Nebraska; that the bond was conditioned as follows: “* * * said Mark Burke, as such administrator of said estate as aforesaid, shall well and faithfully report any and all sales so by him made in accordance with the said above mentioned order to the said county court of Sedgwick county, and shall well and faithfully pay over and account for under the order and direction of the court to the persons entitled thereto any and all monies received as payment for the purchase of said real estate, and shall in general do and perform all such other acts, matters and things as shall at any time be required of him in the premises by law;” that Burke thereafter sold the land in Nebraska, and reported the sale to the court; that the court had no jurisdiction to make the order,
To this complaint the sureties, Parker and Loveland, filed general demurrers which were sustained, and plaintiff electing to stand upon his complaint, final judgment was entered in favor of these defendants dismissing the complaint as to them, and the case is here on error.
The special bond required by statute, upon which defendants were sureties, was given to protect assets of the estate,' and for the benefit of those, entitled to the proceeds of the sale, not the purchaser. To the extent that the administrator represented the estate’s, interest in the funds derived from the sale of land, the sureties were liable for an accounting; but they could not be held for his individual acts. The statute requiring the bond, and the instrument itself show that it was a special bond given to secure an accounting by the administrator for funds coming into his hands as such, from a sale of land
The former opinion is withdrawn, the motion for a rehearing denied, and the judgment affirmed.
Affirmed.