Legal Opinion
Keedy v. Sterling Electric Appliance Co.
Court of Chancery of Delaware
Decided October 31, 1921PublishedCited by 6 opinions
1Opinion of the Court
The Chancellor.
The original “Bulk Sales Act” (Chapter 387, Volume 22, Laws of Delaware) was approved March 24, 1903. This act appears as par. 2638 (Section 18) of the Revised Code of 1915. It provided that “a sale of any portion of a stock of merchandise otherwise than in the ordinary course of trade in the regular and usual prosecution of the seller’s business, or a sale of an entire stock of merchandise in bulk, will be presumed to be fraudulent and void as against the creditors of the seller,” unless an inventory of the goods is made showing the cost price, and unless the purchaser shall…
2Cases cited18 opinions
- Hibernia Ins. v. St. Louis & New Orleans Transp. Co.U.S. Circuit Court for the District of Eastern Missouri · 1882
- Jaques & Tinsley Co. v. Carstarphen Warehouse Co.Supreme Court of Georgia · 1908
- Walbrun v. BabbittSupreme Court of the United States · 1873
- John W. Cooney Co. v. Arlington Hotel Co.Court of Chancery of Delaware · 1917
- Thorpe v. Pennock Mercantile Co.Supreme Court of Minnesota · 1906
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3Cited by6 opinions
- Boston Trading Group, Inc. v. Robert A. Burnazos, Boston Trading Group, Inc. v. Robert A. BurnazosCourt of Appeals for the First Circuit · 1988
- Shaw v. BorchersTexas Commission of Appeals · 1932
- Lank v. New York Stock ExchangeDistrict Court, S.D. New York · 1975
- In re the Adoption of KlineOrphan's Court of Delaware · 1939
- Rockwood v. FoshayCourt of Appeals for the Eighth Circuit · 1933
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