Lange v. Perley

In 18Y0 and whilst serving a regular term as treasurer for Musliee-on county the defendant Perley was *354again elected for the regular term ensuing, and in January, 1871, the plaintiff Lange joined with others as his sureties in his official bond for such second term. In May, 1872, he was found a defaulter to a large amount, and the county instituted a suit on the bond and Perley offered no defense and was defaulted. Subsequently and during the pendency of the suit he assigned all his property to Smith and Hacldey, two of the sureties, for the benefit of his creditors. He set up a claim that the…