Third National Bank v. Haug
Michigan Supreme Court
Appeal from Wayne. (Beilly, J.) Petition by a secured creditor, whose debtor has made a general assignment for the benefit of creditors, for the payment of a dividend upon its whole debt, as proved in the assignment proceedings. Defendant appeals from an order directing such payment. The facts are stated in the opinion.
1Opinion of the CourtCahill, J.
March 1, 1889, George Morley, of Detroit, Mich., made a general assignment for the benefit of his creditors to Edmund Haug, of Detroit.
The Third National Bank of Detroit, one of the creditors of said Morley, filed its claim on April 26, 1889, which was contested, but upon March 19, 1890, judgment was entered in favor of the bank, for the sum of $22,-178.64, which judgment is still in force. The bank claims to be a secured creditor, and to hold as security foj said debt mortgages upon the vessels R. O. Brittain, Colorado, and Reindeer, and upon certain land in the city of Detroit, as well as…
2Cases cited12 opinions
- Evertson v. BoothNew York Supreme Court · 1822
- Findlay v. HosmerSupreme Court of Connecticut · 1817
- Brinkerhoff v. MarvinNew York Court of Chancery · 1821
- West v. Bank of RutlandSupreme Court of Vermont · 1847
- Walker, Smith & Co. v. BaxterSupreme Court of Vermont · 1854
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3Cited by21 opinions
- Chemical Nat. Bank v. ArmstrongCourt of Appeals for the Sixth Circuit · 1893
- Detroit Trust Co. v. Detroit City Service Co.Michigan Supreme Court · 1933
- Tod v. Kentucky Union Land Co.U.S. Circuit Court for the District of Kentucky · 1893
- Pintsch Compressing Co. v. Buffalo Gas Co.Court of Appeals for the Second Circuit · 1922
- Dexter Horton & Co. v. Schwabacher Bros. & Co.Washington Supreme Court · 1892
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