Morrison v. Page

The Chief Justice

delivered the Opinion of the Court.

John J. Marshall having, as surety of Richard Taylor, deceased, advanced to the Bank of Kentucky, in property at a. conventional price, the amount of two judgments it had obtained against Taylor and himself, and procured from the Bank a written transfer of the benefit of the judgments, afterwards assigned his equitable subrogation to Thomas S. Page, for a valuable consideration.

Richard Taylor died, in 1830 insolvent, without having paid any portion of the said judgments. Moses R. Morrison, his son-in-law, who was appointed his administrator,…