Section 11. Proceedings in case of death of assignee

In case an assignee
  shall die during the pendency of any proceeding under this  article,  or
  at  any  time  subsequent to the filing of any bond required herein, his
  personal representative or successor in office, or both, may be  brought
  in  and  substituted in such proceeding on such notice, of not less than
  eight days, as the judge may direct to be given;  and  any  decree  made
  thereafter  shall  bind  the  parties  thus  substituted  as well as the
  property of such deceased assignee,  provided,  however,  that  if  such
  assignee  dies  subsequent  to  the  filing  of  his bond and before any
  proceedings may have been had thereunder, then the surety on  such  bond
  may  apply  to the judge for an accounting, who may, on such terms as to
  him seem just and proper, appoint  another  assignee  and  release  such
  surety.