Schoolfield, Hanauer & Co. v. Johnson & Sullivan

Caldwell, D. J.

The validity of the deeds of assignment on their face is the only question in this case. The particular clauses of the deeds of assignment which it is claimed avoid the instruments are the following: The trustee is directed to “proceed at once to execute this trust by converting all property herein conveyed into money with as much rapidity as possible consistent with the interest of our creditors;” * * “and is hereby empowered to sell all goods or property of every kind herein conveyed at public or private sale, for cash or otherwise, as may seem best to the interest of our…