23 Vt. 516 | Vt. | 1851
The opinion of the court was delivered by
We entertain no doubt, that the trustee was properly adjudged liable for funds, which came in to his hands, intervening the service of the process and the judgment. It seems probable, that the parties entertained no such expectation, or they would not have made use of the trustee, as a vehicle of funds from Burt to the principal debtor. But their ignorance of the law can make no difference. The case shows very clearly, that the trustee did agree to pay a debt, which he owed to Burt, to Ayer, and did pay it. This made the money, which he paid, the “ goods, effects or credits, of the principal defendant — which come into his hands, or possession, after the service of the writ and before disclosure made,” in the very words of the statute, and as fairly and fully within its import and intention as could well be imagined.
In regard to the right of the trustee to certain deductions, it is perhaps not important to say more, than that the plaintiff can have but one satisfaction, however large a sum he may obtain judgment for against the trustee. . And we are not aware that any judgment, which shall be rendered here, will embarrass the trustee in any other proceeding, between himself and other parties. And, as the $500 is an entire thing, it seems awkward to hold him liable for a portion of it.
But if the plaintiff has obtained valid, legal satisfaction of any portion of his debt, and that appears in the case, he could not regularly obtain execution here, against the trustee, for anything more ■than the balance. And a satisfaction appearing of record is to be taken to be valid and legal, until something to the contrary appear.
Whether taking out execution in the county court is to be regarded as a discontinuance of the suit, as to the trustee, we are not
The party will be entitled to execution here for the balance of his debt; and if he should, by the happening of subsequent events, think himself entitled to judgment for more, he will be compelled to take farther proceedings, by way of scire facias, or in some other mode.
Judgment affirmed.