Lutes v. Shenk

Plaintiff obtained a warrant of attachment and on October 28,1953, had the Sheriff levy upon a shipment of automotive parts purchased abroad and claimed by the plaintiff to be owned by the defendants. The documents of title to the property were at first held by the bank which financed the purchase but prior to the levy the bank assigned them to respondent Goal Credit Corporation the latter having refinanced the-transaction by advancing the sum of $60,000. The value of the property unquestionably was far in excess of that amount. On October 30, 1953, the Sheriff served a certified copy of the…