Summary

William Johnson Wilson v. Lloyd ex rel. Osg — Dissent

But when the assets are in fact wasted, I cannot conceive that a court of equity would ever compel the sureties to pay up the administration bond for the relief of the heirs. Their liability is legally confined to the demands of creditors and distributees alone: and I can see no equity in subjecting them directly or indirectly to the general equity of the heirs, in stretching that liability beyond its strict legal limits.
Source: Wikisource

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