Butler v. Merchants' Insurance
Supreme Court of Alabama
Writ of Error to the County Court of Mobile. The plaintiffs in error declared against defendants in an action on the case; stating that Helen N., at and before her intermarriage with her co-plaintiff, Thomas J., was entitled to, and possessed in her own right, and as her own property, of fifty shares of the capital stock of the defendant, (a corporation,) of the value of ten thousand dollars ; which stock was then, and previously, standing in her name in the books of the…
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Writ of Error to the County Court of Mobile. The plaintiffs in error declared against defendants in an action on the case; stating that Helen N., at and before her intermarriage with her co-plaintiff, Thomas J., was entitled to, and possessed in her own right, and as her own property, of fifty shares of the capital stock of the defendant, (a corporation,) of the value of ten thousand dollars ; which stock was then, and previously, standing in her name in the books of the Company. That He-' len N., before her marriage, and herself and husband since, were entitled to the dividends, &c. accruing…
1Opinion of the CourtCollier, C. J.
The third section of the bankrupt act of 1841, enacts “ That all the property and rights of property, of every name and nature, whether real, personal or mixed; of every bankrupt, except as is hereinafter provided, who shall by a decree of the proper court be deelared to be a bankrupt within this act, shall by mere operation of law, ipso facto, from the time of such decree, be deemed to be divested out of such bankrupt, without any other act, assignment, or other conveyance whatsoever; and the same shall be vested by force of the same decree, in such assignee as from time to time shall be…
2Cases cited1 opinion
- Gallego v. ChevallieU.S. Circuit Court for the District of Virginia · 1826
3Cited by4 opinions
- Andrews & Bros. v. JonesSupreme Court of Alabama · 1846
- McDonald v. McMahon's Adm'rSupreme Court of Alabama · 1880
- Loeb & Brother v. ManassesSupreme Court of Alabama · 1885
- Forward v. MarshSupreme Court of Alabama · 1851