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Bland's Reports, Chancery Court 1809-1832
Volume 201, Volume 2, Page 327   View pdf image (33K)
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HAMMOND v. HAMMOND. 327

ple contract creditor to have the estate allusively seized and sold,
in fraudulent exclusion of other creditors; or so as to operate inju-
riously upon the interests of others, and particularly upon the heir
by compelling him to seek reimbursement from the personal estate,
which was the primary fund for the payment of debts. And there-
fare, those principles of equity by which the rights of bond credi-
tors had been so far modified and controlled as, in many cases, to
do equal justice to all creditors; and so as, at once, to the full
value of the personalty, to protect the realty in the hands of the
heir, were so followed out, in the construction of this statute, as
not to permit a simple contract creditor to maintain an action at
-common law, at all, against the heir merely in respect of the real
assets descended; but to compel him to go immediately into a
court of equity against the heir, together with the personal repre-
sentative of his deceased debtor, so as to enable the heir to protect
himself, without any circuity of judicial proceeding; and to save
the realty, by having the personal estate first applied to the satis-
faction of the debts; and to do justice to all the creditors by
allowing them to come in according to their respective priorities;
or for their due proportions. The adoption of these principles,
and the giving of this construction to this statute, necessarily
threw the administration of all real assets into the Court of Chan-
cery; and gave a new and very enlarged scope to a creditor's suit.
Such must have been the course of proceeding, in all cases,
under this statute, after the death of a debtor, as well where his
heir was of full age, as in those cases where he was a minor; (I)
for, if it were not so, then a simple contract creditor, as he was
not allowed to sue at law, could, before the year 1818, have had
no recourse against the real assets in the hands of adult heirs in
any way whatever; since prior to that time, the only act of assem-
bly in relation to the matter, being merely intended to prevent
delay in proceeding against infants, (m) this British statute which
bad made such real estate assets for the payment of debts, would
have been, thus far, virtually nullified. (n) This matter has, how-

(/) Cox v. Callahan, ante 51, note.—(m) 1785, ch. 72, s. 5

(n) TYSON v. HOLLINGSWORTH.—This bill was filed, on the 25th of May, 1801,
by Nathan Tyson and others, creditors of Thomas Parkin and Francis McKenna,
partners trading under the firm of Parkin &. McKenna, against Jesse Hollingsworth
and Rachel his wife, Susannah Goodwin and James Carey. The bill states that the
firm of Parkin & McKenna had contracted debts to a considerable amount with the
plaintiffs, as appeared by the promissory notes of the firm therewith exhibited; that

 

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Bland's Reports, Chancery Court 1809-1832
Volume 201, Volume 2, Page 327   View pdf image (33K)
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