Murray v. . Judson and Sands
New York Court of Appeals
1Opinion of the CourtG-ardinek, J.
A debtor is not required to avail himself of the statutes against usury, to avoid the payment of a debt otherwise justly due, any more than of the statute of limitations; and the omission to do either is not in itself the slightest evidence of an intent to defraud Ms creditors. It is rather evidence of a determination not to commit a fraud upon the lender for their benefit. This view disposes of the case. When the assignment was executed the debtor had the right, as against the complainant, in good faith, to dispose of his property as he pleased. (Candee v. Lord, 2 Comst., 269.) He could have…
2Cases cited3 opinions
- Pratt v. AdamsNew York Court of Chancery · 1839
- Shufelt v. ShufeltNew York Court of Chancery · 1841
- Post v. DartNew York Court of Chancery · 1841
3Cited by17 opinions
- Freeman v. . AuldNew York Court of Appeals · 1870
- Chapin v. . ThompsonNew York Court of Appeals · 1882
- Aldrich v. AldrichAppellate Court of Illinois · 1931
- Barrett v. ConleyNew York Supreme Court · 1962
- Hembree v. Blackburn & PeckhamOregon Supreme Court · 1888
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