Legal Opinion

In re Fay

New York Court of Common Pleas

Decided January 24, 1894PublishedCited by 2 opinions

Proceedings for a final settlement of the accounts of James H. Fay, assignee for benefit of creditors of Marshall Lefferts, Herman Braun, and Joseph D. Taylor, partners under the firm name of Marshall Lefferts & Co.

1Opinion of the CourtBookstaver, J.

On March 1, 1887, Marshall Lefferts & Co. made an assignment for the benefit of their creditors, with preferences, expressed in the deed of assignment as follows:

“To pay and discharge in full the following described indebtedness of the assignors to the individuals hereinafter mentioned for the amounts specified in their order, as follows: First, to S. M. Fay, of New York city, $36,000; second, to L. G. Woodhouse, of New York city, $2,000; third, to Messrs. McKesson & Robbins, of New York city, $1,200; fourth, to Maria L. Taylor, of Jersey City, N. J., $1,400; fifth, to E. T. Day, of New York…

2Cases cited15 opinions

  1. Dana v. . FiedlerNew York Court of Appeals · 1854
  2. Bagley v. . BoweNew York Court of Appeals · 1887
  3. Knapp v. . McGowanNew York Court of Appeals · 1884
  4. Barney v. . GriffinNew York Court of Appeals · 1849
  5. Crook v. . RindskopfNew York Court of Appeals · 1887

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3Cited by2 opinions

  1. Blumenthal v. LloydAppellate Terms of the Supreme Court of New York · 1896
  2. People v. American Loan & Trust Co.New York Supreme Court · 1901

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