First National Bank of Stevens Point v. Knowles
Wisconsin Supreme Court
APPEAL from tbe Circuit Court for Fond du Lao County. The facts are stated in the opinion. They argued, among other things: 1. A domestic manufacturing company could not give a trust deed. The enumeration of that right in sec. 1828, B. S., and its omission in sec. 1148 raise the presumption that such omission was intentional.
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APPEAL from tbe Circuit Court for Fond du Lao County. The facts are stated in the opinion. They argued, among other things: 1. A domestic manufacturing company could not give a trust deed. The enumeration of that right in sec. 1828, B. S., and its omission in sec. 1148 raise the presumption that such omission was intentional. As to the distinction between a trust deed and a mortgage, see Mcvrvin v. Titsworth, 10 Wis. 326. 2. This deed is void because' it covers after-acquired property, and because it leaves the trustee iii possession to change, transform, and use the property at pleasure.…
1Opinion of the Court
The following opinion was filed May 15, 1886:
OktoN, J.
These two cases were submitted together on the same facts. Suit was brought by the plaintiffs severally against the McDonald Manufacturing Company and others, on claims for borrowed money of over $10,000 each, which occurred before the recording of the trust deed hereafter mentioned, and the garnishee summons was served on the 10th day of July, 1884. Judgments were rendered in the suits, in the first, August 2, and in the other, December 27,1884. The garnishee answered on the 30th day of July, 1884, generally, that he had no money in his…
2Cases cited17 opinions
- Gilman v. PhiladelphiaSupreme Court of the United States · 1866
- Robinson v. ElliottSupreme Court of the United States · 1875
- Coleman v. . BurrNew York Court of Appeals · 1883
- Blennerhassett v. ShermanSupreme Court of the United States · 1882
- Haywood v. Lincoln Lumber Co.Wisconsin Supreme Court · 1885
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3Cited by14 opinions
- Winner v. HoytWisconsin Supreme Court · 1886
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- Ballin v. Merchants' Exchange BankWisconsin Supreme Court · 1895
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