The court of common pleas of the proper county, upon petition of any sheriff or coroner now in office praying for a release of any individual or corporate surety or sureties bound by his recognizance heretofore entered, may, after due notice to the sureties on his official bond and to a majority of the commissioners of said county, being satisfied of the sufficiency of the surety or sureties on said bond, and that no action has been commenced by any person or corporation on said recognizance, or that all suits thereon have been ended by payment of any judgments obtained therein or otherwise, release such surety or sureties upon said recognizance from all liability thereunder, and their lands from the lien thereof, without affecting the liability of the same or other sureties upon said official bond for any existing or subsequent cause of action against such sheriff or coroner or them respecting his office and without releasing such sheriff or coroner, his heirs, executors or administrators from liability on his recognizance, or his lands within the county from the lien thereof.