Smith v. Horton

1. A strict bill of interpleader involves to some extent two suits: first, a proceeding by a person holding a fund or property, or owing a debt or duty to persons making adverse claims thereto, for the purpose of compelling the adverse claimants to litigate among themselves in regard thereto and to obtain a discharge of the original plaintiff from liability (usually upon paying the fund into court, where there is litigation over a fund) ; and second, a litigation between the rival claimants to determine who is entitled to such fund, .where the litigation is over it. The original plaintiff is…