Rollo v. Andes Ins.

Citations

• 23 Va. 509
• 14 Am. Rep. 147

Syllabus

<p>1. The Treasurer of the State, who holds bonds of a foreign Insurance Company, doing business in the State, under the act of February 3d, 1166, as amended by the act of March 3d 1871, is not liable to be summoned as garnishee by a foreign creditor of the Insurance Company.</p> <p>2. A public officer of the State cannot be made liable by attach; ment at the suit of an individual, for funds in his hands clothed with a trust under the authority of a public law.</p> <p>3. Under the act of February 3d, 1866, j when a foreign insurance company shall cease to do business in the State, and its liabilities, fixed or contingent, to citizens of the State, shall have been s itisfied or terminated, the treasurer is authorized tó deliver to such company the bonds and other securities deposited with him. Though the company has ceased business in the State, and its liabilities to citizens of the State have been satisfied or terminated, the bonds in the hands of the treasurer cannot be attached by a foreign creditor; but they must be delivered by the treasurer to the company.</p>