Legal Opinion

J.W. Pierson Co. v. West Orange-Verona Bldg. Co.

New Jersey Court of Chancery

Decided February 24, 1933PublishedCited by 8 opinions

1Opinion of the Court

The appeal is from the ruling of the receiver, that labor claims are entitled to priority of payment over mechanics' lien claims.

The only assets of the defendant company were six unfinished houses, subject to inchoate mechanics' liens, which the receiver sold free of liens, the proceeds of which are about to be distributed.

By the eighty-third and eighty-fourth sections of the Corporation act, laborers and workmen have a first and prior lien for wages earned within two months next preceding proceedings in insolvency, prior to all other liens that can or may be acquired upon the corporate…

2Cases cited4 opinions

  1. Randolph v. LarnedSupreme Court of New Jersey · 1876
  2. Demott v. Stockton Paper Ware Manufacturing Co.New Jersey Court of Chancery · 1880
  3. Hinkle v. Camden Safe Deposit & Trust Co.New Jersey Court of Chancery · 1890
  4. Wright v. Wynockie Iron Co.New Jersey Court of Chancery · 1891

3Cited by8 opinions

  1. Sullivan v. James Leo Co.Supreme Court of New Jersey · 1938
  2. Matter of Valley Road Sewerage Co.New Jersey Superior Court Appellate Division · 1996
  3. Lerman v. Lincoln Novelty Co.New Jersey Superior Court Appellate Division · 1941
  4. Pemberton, Etc., Industries v. Wm. G. Ridgway Co.New Jersey Superior Court Appellate Division · 1955
  5. Whitehead v. Whitehead Pottery Co.New Jersey Court of Chancery · 1934

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