Sonoma Valley Bank v. Hill
California Supreme Court
Appeal from an order granting the defendant’s motion for a new trial in the Twenty-second District Court of Sonoma County. Temple, J. The transfer referred to in the opinion was in the following words: “We, the undersigned, * * * do hereby transfer to said Sonoma County Bank all cash, books, accounts, notes, and personal property belonging to Sonoma Valley Wine and Brandy Company, as security for the indebtedness due said bank.”
1Opinion of the Court
Thornton, J.:
This action was brought to recover of the defendant his ratable proportion of a debt of the corporation (the Sonoma Wine and Brandy Company), in which he owned stock.
It appears that on the trial there was evidence showing that the corporation had transferred to the plaintiff its personal property, including evidences of debt to secure its indebtedness to it, some of which had not been disposed of in any way. At the request of the plaintiff, the Court directed the jury as follows: “It is no defense to this action that a portion of the property of the Sonoma Valley Wine and Brandy…
2Cases cited7 opinions
- Mokelumne Hill Canal & Mining Co. v. WoodburyCalifornia Supreme Court · 1859
- Robinson v. HurleySupreme Court of Iowa · 1860
- Elder v. RouseNew York Supreme Court · 1836
- Comstock v. SmithSupreme Judicial Court of Maine · 1843
- Bank of Rutland v. Woodruff & MarsdenSupreme Court of Vermont · 1861
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3Cited by26 opinions
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- Aldrich v. Anchor Coal Co.Oregon Supreme Court · 1893
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