An Act to Facilitate the Securing of Funds invested by the Courts of this State.
SECTION 1. Be it enacted by the Senate and House of Representatives of the State of Delaware in General Assembly met, That it shall and may be lawful for the Court of Chancery, or the Orphans' Court of either county in this State, in the securing or investing of a sum or sums of money under orders of said courts: respectively, to cause to be taken for the same, in any case not otherwise provided for by law, a recognizance, bond or mortgage in the name of the State of Delaware, with condition for the payment of the money so to be secured in such manner and subject to such provisions as the court taking such recognizance, bond, or mortgage, shall order, to the end that the said money may be secured for the use and benefit of the person or persons who may be entitled to or interested in the same. Upon any recognizance, bond or mortgage so to be taken, a suit may be prosecuted to judgment and execution in the name of the State but for the use of any person or persons injured by the breach of such recognizance, bond or mortgage pursuant to the provisions of Chapter 117 of the Revised Statutes of this State.
Passed at Dover, April 6, 1869.