Dooley v. Virginia Fire & Marine Ins.
District Court, E.D. Virginia
[This is a bill in equity by James H. Dooley, trustee in bankruptcy, against the Virginia Fire & Marine Insurance Company.] The property on which the liens mentioned in the proceedings rest consists of a lot of ground in the city of Richmond, on which are a large brick foundry and other buildings. This real estate was purchased on the 3d of December, 1S72, by Asa Snyder, individually, from the firm of Dunlop, Moncure & Co., and was conveyed to him on that date.
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[This is a bill in equity by James H. Dooley, trustee in bankruptcy, against the Virginia Fire & Marine Insurance Company.] The property on which the liens mentioned in the proceedings rest consists of a lot of ground in the city of Richmond, on which are a large brick foundry and other buildings. This real estate was purchased on the 3d of December, 1S72, by Asa Snyder, individually, from the firm of Dunlop, Moncure & Co., and was conveyed to him on that date. The sum of $10,000 was paid in cash, and for the balance of the purchase money Snyder executed his five negotiable notes, all dated…
1Opinion of the Court
HUGHES, District Judge.
These exceptions raise a question between different lien creditors of the bankrupt and not between the Virginia Eire & Marine Insurance Company and the bankrupt I can treat it only as between different lien creditors. The three negotiable notes which are the subject-matter of this controversy were due from Snyder to Dunlop, Moncure & Co. They were never indorsed to a third person by the payees. They remained to tlie date of their maturity evidences of indebtedness from Snyder to Dunlop, Moncure & Co., the payees named in them. They could become evidences of indebtedness…
2Cited by1 opinion
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