Laing v. People ex rel. Price
Appellate Court of Illinois
Memorandum.—Proceedings under the assignment act. In the County Court of Cook County; the Hon. George W. Brown, Judge, presiding. Petition to have a transfer by bill of sale declared to he a general assignment for the benefit of creditors. Answer filed; trial by the court on report of master; decree for petitioners; defendants appeal. Heard at the March term, 1893, of this court. Reversed and remanded.
1Opinion of the Court
Opinion of the Court,
Gary, P. J.
Isaiah F. Laing and George Laing were second cousins, and partners, as merchants, under the name of I. F. Laing & Co. They became indebted to Charles A. Laing and his son, John H., brother and.- nephew of George, and to pay them, made a bill of sale to them of all the property of the firm.
Bobert P. Price and James E. Keith were creditors of I. F. Laing & Co., and filed in the County Court a petition to have that bill of sale declared to be an assignment for the benefit of creditors, upon the allegation that at the time of the execution of the bill of sale it…
2Cases cited1 opinion
- First National Bank v. North Wisconsin Lumber Co.Appellate Court of Illinois · 1891
3Cited by1 opinion
- Union National Bank v. Browne-Chapin Lumber Co.Appellate Court of Illinois · 1895