Union Indemnity Co. v. A. D. Drumm, Jr., Inc.

Even though this court has held respondent to have no equitable lien upon the retained percentage, arising from the fact that it was a job creditor, it does not necessarily follow that respondent has no equitable lien upon said fund by reason of the fact that the restraining order issued by the trial court caused said fund to be sequestered and placed in custodia legis for the protection of all job creditors. Smith v. Halton, 8 S.W.2d 439; Pennington v. Fourth National Bank of Cincinnati,243 U.S. 269, 61 L.Ed. 713; Kelly v. Bausman (Wash.), 168 P. 181; Bragg v. Gaynor, 85 Wis. 468, 21 L.R.A.…