McCann-camp Co., Inc. v. Globe Indemnity Co.

The condition of the bond in suit is in the alternative form found in § 5888 of the General Statutes; that is to say, it may be performed either by paying the judgment recovered in the action, or by paying to the officer having the execution issued on such judgment the actual value of the interest of the defendant in the attached property at the time of the attachment. It is the settled law of Connecticut that a bond in this form, given to obtain a release of an attachment, is a substitute for the property, and not a substitute for the lien of the attachment; and that therefore the obli…