McWilliams v. Norfleet

Citations

• 63 Miss. 183

Syllabus

<p>Guardian. Bond of. Liability of sureties. Case in judgment.</p> <p>B. was the guardian of M., a minor. B. and A. formed a partnership, and borrowed from B. money belonging to M., giving therefor the note of the firm, payable to B. as guardian. Some time after this note was given, B. executed a new guardian’s bond, with new sureties. B. and A. remained solvent for a long time after this new bond was executed, but B. made no effort to collect the note due his ward. B. and A. became insolvent. Held, that the sureties on the new bond are liable, not only for money and assets of the ward’s estate, which actually came into the hands of B. after the execution of the new bond, but also for such as he might and could have collected by a faithful administration of his office.</p>