Worthen v. Griffith
Supreme Court of Arkansas
Appeal from Pulaski Chancery Court. David W. Carroee, Chancellor. STATEMENT-BY THE COURT. The facts in this case are, in substance, as follows : The F. P. Gray Dry Goods Company, a corporation created under the laws of this State, being in failing circumstances and insolvent, by its president, acting under the authority of the board of directors, executed, on the 12th day of May, 1891, a deed of assignment to Joseph Griffith for the benefit of its creditors, by which it…
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Appeal from Pulaski Chancery Court. David W. Carroee, Chancellor. STATEMENT-BY THE COURT. The facts in this case are, in substance, as follows : The F. P. Gray Dry Goods Company, a corporation created under the laws of this State, being in failing circumstances and insolvent, by its president, acting under the authority of the board of directors, executed, on the 12th day of May, 1891, a deed of assignment to Joseph Griffith for the benefit of its creditors, by which it conveyed to him a stock of merchandise 'in Little Rock, certain store fixtures, a safe and office furniture, one horse and a…
1Opinion of the Court
Riddick, J.,
(after stating the facts.) The assignment in question in this case is assailed on several grounds. We will first consider the question whether the evidence is sufficient to support the contention that F. P. Gray, president of the F. P. Gray Dry Goods Company, while contemplating an assignment by said company, purchased large quantities of goods, with a view to include them in said assignment, so that the preferred debts might be paid in full, and thus relieve himself of liability on his indorsement. Outside of the fact that the dry goods company was in an extremely insolvent…
2Cases cited18 opinions
- Hollins v. Brierfield Coal & Iron Co.Supreme Court of the United States · 1893
- Graham v. Railroad Co.Supreme Court of the United States · 1880
- Hospes v. Northwestern Manuf'g & Car Co.Supreme Court of Minnesota · 1892
- Preston v. SpauldingIllinois Supreme Court · 1887
- Buell v. Buckingham & Co.Supreme Court of Iowa · 1864
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3Cited by11 opinions
- Arlington Hotel Co. v. RectorSupreme Court of Arkansas · 1916
- Levering v. BimelIndiana Supreme Court · 1897
- Indian Land & Trust Co. v. OwenSupreme Court of Oklahoma · 1916
- Spear Mining Co. v. ShinnSupreme Court of Arkansas · 1910
- Hawkins v. DonnerbergOregon Supreme Court · 1901
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