Smith v. Waugh

Citations

• 84 Va. 806
• 6 S.E. 132
• 1888 Va. LEXIS 147

Syllabus

<p>1. Debts—Payment—-Extinguishment.—It is a settled principle that payment by one who is primarily liable to one entitled to collect the debt, is an extinguishment of the debt and all liability thereunder, and however held, transferred or assigned, it is ever afterwards a mere nullity.</p> <p>2. Personal Representatives—Settlement—Administrator d. b. n.—Certain bonds taken by administrator in settling an estate, have been accounted for and paid over to the distributees:</p> <p>Held :</p> <p>Subsequent administrator or receiver cannot collect such bonds.</p>