Wills v. Brown
Massachusetts Supreme Judicial Court
CONTBAOT on an agreement to pay the freight of a cargo of goods carried by the plaintiffs under bills of lading by which the goods were deliverable to the defendants or assigns. The defendants indorsed the bills of lading over to William F. Parrott, to whom the plaintiffs delivered the goods. Trial in this court, before Morton, J., who, after a verdict for the plaintiffs, allowed a bill of exceptions, the substance of which appears in the opinion.
1Opinion of the CourtEndicott, J.
The goods in question were purchased by Parrott with credit furnished by the defendants, who, as provided in their letters of credit, took the bills of lading in their own names as security. On arrival, the bills which ran to the defendants or their assigns were indorsed to Parrott, who gave the defendants a trust receipt, wherein he agreed to sell the goods, and hand over the proceeds to the defendants in payment for their advances. The receipt also recites that the intention of the arrangement was to protect and preserve unimpaired the lien of the defendants on the property.
These facts were…
2Cases cited4 opinions
- Corn v. SimsCourt of Appeals of Kentucky · 1860
- Ames v. FosterMassachusetts Supreme Judicial Court · 1871
- Furbish v. GoodnowMassachusetts Supreme Judicial Court · 1867
- Thayer v. DwightMassachusetts Supreme Judicial Court · 1870
3Cited by8 opinions
- Colpitts v. L. C. Fisher Co.Massachusetts Supreme Judicial Court · 1935
- Hewett v. CurrierWisconsin Supreme Court · 1885
- Kalker v. BailenMassachusetts Supreme Judicial Court · 1935
- Fears v. StoryMassachusetts Supreme Judicial Court · 1881
- Gerow v. RiffeWest Virginia Supreme Court · 1887
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