McKeldin v. Gouldy

This is a bill in equity. The question presented is as to whether a Court of Equity has - jurisdiction to aid a creditor at large, holding a legal demand, to reach and subject to the satisfaction of his claim an equitable interest not leviable at law — there being no trust, fraud, or lien— when such interposition is sought alone upon the allegation that the debtor is insolvent, and that nothing can be made out of him at law. The original jurisdiction of Courts of Equity, to aid a creditor holding a legal demand, was limited to those cases in . which there was some element of fraud affecting…