Winona Paper Co. v. First National Bank of Kalamazoo

On July 15, 1887, the W. O. Tyler Paper Co. executed and delivered its promissory note for $1,461.27, payable to B. F. Lyon & Co. in three months after date, which was assigned by the payees and delivered to the appellee on or before August 1, 1887, and the same has been ever since owned and held by appellee. By deed of assignment executed pursuant to Chap. 10, R. S., the W. O. Tyler Paper Co. conveyed all its assets to James L. Bubel, as assignee, for benefit of its creditors. Immediately after his appointment, the assignee sent to B. F. Lyon & Co. the notice required by the statute,…