Ball v. Chancellor

The opinion of the court was delivered by

Beasley, Chief Justice.

This is a suit against a surety on the bond of a receiver appointed by the Chancellor, on proceedings in his court winding up the affairs of an insolvent bank. Such receiver was appointed by force of the seventy-second section of the act concerning corporations, whereby it is made the duty of such officer, among other things, in the .statutory language, “ to pay into the Court of Chancery all the moneys and. securities for money arising from such sales, or which the said receiver or receivers, &c., shall collect or receive by…