Young v. Lyons
Court of Appeals of Maryland
Appeal from the equity side of Washington county court. The appellees, five in number, together with the appellant and four others, became sureties of John Heth, in the following-bond : “ Whereas, the late Beverly Randolph had agreed with./o/«ji Heth to sell to him five hundred shares of the Black Heath.
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Appeal from the equity side of Washington county court. The appellees, five in number, together with the appellant and four others, became sureties of John Heth, in the following-bond : “ Whereas, the late Beverly Randolph had agreed with./o/«ji Heth to sell to him five hundred shares of the Black Heath. Company of Colliers, for the sum of 950,000; and whereas, it hath become necessary for the said Heth to obtain the possession and control of said stock, with full and complete au - thority to sell and transfer the same, and to prevail with Charles II, Randolph, executor of Beverly Randolph,…
1Opinion of the CourtFrick, J.
The present complainants, with five others, became thesnreties of John Heth, in a bond for the sum of $50,000, in which “ they undertake on their parts, as sureties for said Heth, that on the failure on his part to perform the stipulations of the bond, he shall, on or before the 1st day of January, 1S41, pay to the obligee the said sum of $50,000.” The bill states, that when the bond became due, and upon his failure to comply with its stipulations, the said John Heth was utterly insolvent, and unable to pay the $50,000, or any part thereof; that before the maturity of the bond, he had become…
2Cases cited2 opinions
- Clarkson v. De PeysterNew York Court of Chancery · 1831
- Byers v. McClanahanCourt of Appeals of Maryland · 1834
3Cited by10 opinions
- Chappell v. FunkCourt of Appeals of Maryland · 1882
- Jackson v. CupplesCourt of Appeals of Maryland · 1965
- Sheeler v. HoltCourt of Appeals of Maryland · 1931
- Griffith v. ParksCourt of Appeals of Maryland · 1870
- Shepter v. Johns Hopkins UniversityCourt of Appeals of Maryland · 1994
5 more not listed; retrieve them via the Exa API.