Tynan v. Warren

Green, V. C.

This bill is to establish a trust.

The complainant Tynan and defendant Warren were sureties on ,an administrator’s bond, dated February 8th, 1876, in the penalty of $16,000, filed in the Passaic county surrogate’s office.

*314On a rumor that the administrators were mismanaging the-estate, one o-f them, on May 6th, 1876, assigned to Tynan and Warren as indemnity in respect of their liability, all his interest: in a mortgage of $7,000, on property in Paterson, which - mortgage, at the time of such assignment, was held by the PassaicCounty Savings Bank as collateral for a note for $5,000,…