Martin v. Hazard Powder Co.

Mr. Chief Justice

Waite delivered the opinion of the court.

We held in Jerome v. McCarter, 21 Wall. 17, after much consideration, that if, “after the security has been accepted, the circumstances of the case, or of the parties, or of the sureties upon the bond, have changed, so that security which, at the time it was taken, was good and sufficient, does not continue to be so, we might, upon a proper application, so adjudge and order as justice might require. But upon facts existing at the time the security was accepted, the action of the justice, within the statute and the rules of practice…