Faulkner v. Everson

Citations

• 23 Del. 245
• 7 Penne. 245
• 78 A. 879
• 1907 Del. LEXIS 3

Syllabus

<p>Case Stated—Bond—When Collectible—Judgment—Execution— Endorsement on Bond—Indemnity.</p> <p>1. A judgment bond made payable upon its face on a certain date is due and collectible at that time; and execution may be then issued, notwithstanding the obligee has, by endorsement on the bond,acknowledged that the same was executed and delivered to him to indemnify and save him harmless from any loss he might sustain by reason of his suretyship on an administration bond given by the obligor; and notwithstanding also it does not appear that the obligee had sustained any loss on account of his said suretyship at the time the judgment was entered and execution issued.</p>