Legal Opinion

Wakefield v. Crossman

Supreme Court of Vermont

Decided March 15, 1853PublishedCited by 1 opinion

Trustee Process. Judgment was rendered against Cross-man, the principal debtor. AncJ, Joseph S. Holden entered as claimant: On trial, the court found the following facts, in relation to the said claimant. That R. Campbell, the trustee, executed a note to said Holden in April, 1849, for $50, payable in two years, with interest, which note is still due.

Read the full summary

Trustee Process. Judgment was rendered against Cross-man, the principal debtor. AncJ, Joseph S. Holden entered as claimant: On trial, the court found the following facts, in relation to the said claimant. That R. Campbell, the trustee, executed a note to said Holden in April, 1849, for $50, payable in two years, with interest, which note is still due. That in the spring of 1850, said Holden contracted with said Crossman to make one hundred thousand of shingles for him, and agreed to deliver said note, in part payment for making said shingles, when they should be done; but said Holden retained…

1Opinion of the Court

The opinion of the court was delivered by

Isham, J.

The plaintiff having obtained judgment against Mr. .Crossman, the principal debtor, the question now arises, was the trustee, at the time of the service of this writ, indebted to Cross-man, the principal debtor, or to Joseph S. Holden, the claimant.

We learn from the case that Campbell, the trustee, in 1849; executed'his note for the sum of $50, to Holden, the present claimant, payable in two years, which is still due.

In 1850, Mr. Holden agreed to transfer the note to Mr. Cross-man, the principal debtor, for shingles, which Crossman had…

2Cases cited1 opinion

  1. Whitaker v. WilliamsSupreme Court of Connecticut · 1849

3Cited by1 opinion

  1. Commercial Bank v. ClarkSupreme Court of Vermont · 1856

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API