Virginia Surety Co. v. Hilton

J. H. Amburgey died intestate in June, 1936, leaving surviving him his widow and five children of whom three *955were minors. His son, B. H. Amburgey, qualified as administrator of the estate and gave bond for $3,000 with the Virginia Surety Company, Inc., as surety.

The estate consisted of a stock of merchandise which was appraised at $1,389; cash in bank, certain fixtures and other small items, all of which were appraised at the aggregate value of $2,458.50. There were several parcels of real estate.

The merchandise was sold by the administrator to his uncle for $1,389, the full appraised value.…