Unless excused in the will, the executor or administrator is required to give bonds proportioned to the amount of the personal property in the estate, the amount of bond being specified by the court.

The executor is then furnished with a copy of the will and with "letters testamentary." (The authority granted by the letters may be seen by reference to the form in the appendix, p.

288.) 6.

_Notice to creditors_.

It is a principle of law that all just debts shall be paid out of one's property before any further disposition thereof can take effect.