Andrews v. Ludlow
Massachusetts Supreme Judicial Court
Chapman and Tuckerman, the supposed trustees, disclosed in their answers an indenture of assignment, dated June 18, 1822, between Ludlow of the first part, themselves, being creditors of Ludlow, of the second part, and other creditors, who should execute the indenture, of the third part, by which Ludlow assigns to Chapman and Tuckerman certain real estate, chattels, and credits, upon trust to sell the land and chattels and collect the sums due to Ludlow, and after deducting…
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Chapman and Tuckerman, the supposed trustees, disclosed in their answers an indenture of assignment, dated June 18, 1822, between Ludlow of the first part, themselves, being creditors of Ludlow, of the second part, and other creditors, who should execute the indenture, of the third part, by which Ludlow assigns to Chapman and Tuckerman certain real estate, chattels, and credits, upon trust to sell the land and chattels and collect the sums due to Ludlow, and after deducting their expenses and 1000 dollars for their services in executing the trust, in the first place, to apply the proceeds to…
1Opinion of the Court
Wilde J.
delivered the opinion of the Court. * By the account stated by the trustees, it appears that there is a balance remaining in their hands, belonging to the creditors of Ludlow, and the question is, whether they are chargeable therefor, or for any other amount, in the present action.
A large proportion of the funds now in their hands was received from Jones & Co. after the service of the plaintiff’s writ, for and on account of two brigs and their cargoes, which had been assigned previously thereto to the trustees, subject however to an assignment before made to Jones & Co. for the…
2Cases cited3 opinions
- Halsey v. FairbanksU.S. Circuit Court for the District of Massachusetts · 1826
- Thomas v. GoodwinMassachusetts Supreme Judicial Court · 1815
- Willard v. SheafeMassachusetts Supreme Judicial Court · 1808
3Cited by2 opinions
- In Re Colony Press, Inc.United States Bankruptcy Court, D. Massachusetts · 1988
- Wooldridge v. IrvingUnited States Circuit Court · 1884