Aulman v. Aulman
Supreme Court of Iowa
Appeals from, Polls Circuit Court. These are action's for the foreclosure of mortgages given ' by Lorenz Aulman and George Aulman to the plaintiffs.' Certain creditors of the mortgagors became parties to the suits by intervention, and they filed cross-bills, in which they claimed that the mortgages were void as to the creditors of the mortgagors.
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Appeals from, Polls Circuit Court. These are action's for the foreclosure of mortgages given ' by Lorenz Aulman and George Aulman to the plaintiffs.' Certain creditors of the mortgagors became parties to the suits by intervention, and they filed cross-bills, in which they claimed that the mortgages were void as to the creditors of the mortgagors. The mortgagees and plaintiffs herein were also creditors of Lorenz and George Aulman; and the suits involve the conflicting claims of creditors to the assets of an insolvent partnership. There were decrees in the court below declaring the mortgages…
1Opinion of the CourtRothrock, J.
1. Assignment for benefit of creditors : what is not : preferring creditors. I. Lorenz Aulman and George Aulman were engaged for several years in the foundry business, under the name of the Aulman Engine Works. About n ^lst December, 1885, they found that they were financially embarrassed and meet the demands of their creditors, and, unless relieved in some way from their embarrassment, *125they would be compelled to suspend business. They conceived the plan of organizing a joint-stock company and inducing their brother William, and one Sehwester, to take stock in the venture, and advance money…
2Cases cited3 opinions
- Burrows v. LehndorffSupreme Court of Iowa · 1859
- Van Patten v. BurrSupreme Court of Iowa · 1879
- Ramsey v. CoolbaughSupreme Court of Iowa · 1862
3Cited by14 opinions
- Davis v. SchwartzSupreme Court of the United States · 1895
- Jackson v. Citizens Bank & Trust Co.Supreme Court of Florida · 1907
- South Branch Lumber Co. v. OttSupreme Court of the United States · 1892
- Stroff v. Swafford Bros.Supreme Court of Iowa · 1891
- First National Bank v. BrubakerSupreme Court of Iowa · 1905
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