McDaniel v. Franklin Railway Supply Co.

The Chancellor:

The defendant’s application for approval of a supersedeas bond is predicated on the assumption that the bond when approved will serve to stay all further proceedings pending the appeal. The complainants; being informed of the application, appeared and were heard in reference thereto. They raised three contentions. These are: (a) That an appeal does not as a matter of right operate to stay the operation of an interlocutory decree for an accounting, the question of a stay in such case being one that lies within the discretion of the Chancellor; (b) that the facts of this case are…