Miller v. Savage
Supreme Court of New Jersey
On appeal from a decree advised by Vice-Chancellor Reed, whose opinion is reported in Miller v. Savage, 15 Dick. Gh. Rep. SOI/..
1Opinion of the Court
The opinion of the court was delivered by
Dixon, J.
On January 18th, 1895, the Johnson Railroad Signal Company, a domestic corporation, executed a mortgage of its real and personal property to George W. Miller, in trust to secure the payment of certain debts previously contracted by the company. At that time the company was known to be insolvent, and on January 30th, 1895, a bill in chancery was filed, on which its insolvency was adjudged and a receiver appointed to wind up its affairs under the statute.
The mortgage was made to Miller and “his successor in the trust,” and thus, by failing to…
2Cited by1 opinion
- National Gypsum Co. v. J.E. Stevenson Co.New Jersey Court of Chancery · 1942