Roberts, Butler & Co. v. Press
Supreme Court of Iowa
Appeal from Clark District Court. — Hon. W. H. Ted-ford, Judge. Action in equity to set aside certain chattel mortgages as having been executed in fraud of creditors, or to decree them to constitute an assignment for the benefit of creditors. Decree dismissing plaintiffs’ bill at their costs, and establishing the lien of said mortgages in favor of the defendants. Plaintiffs appeal.—
1Opinion of the CourtEjote, J.
I. In March, 1892, the defendant, B. S. Press, opened a clothing store in the city of Osceola5 Iowa. He had a capital of from three to five thousand dollars. Up to January, 1898, he was carrying a stock of from five to eight thousand dollars, for one-half of which he was indebted. At the latter date he moved into a much larger room, and at the same time increased his stock, and added new lines of goods thereto, so that it reached in value from eighteen to twenty thousand dollars. The financial- panic of 1893 overtook him, his sales fell off, some of his bills became due, and from time to…
2Cases cited22 opinions
- Lampson v. ArnoldSupreme Court of Iowa · 1865
- Cadwell's Bank v. CrittendenSupreme Court of Iowa · 1885
- Rollins v. Shaver Wagon & Carriage Co.Supreme Court of Iowa · 1890
- Kohn Bros. v. Clement, Morton & Co.Supreme Court of Iowa · 1882
- Perry v. VezinaSupreme Court of Iowa · 1884
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3Cited by7 opinions
- Harvey v. PhillipsSupreme Court of Iowa · 1922
- M. Rosenheim & Son v. Flanders SistersSupreme Court of Iowa · 1901
- Citizens' Bank v. BrighamSupreme Court of Kansas · 1900
- Ford v. OttSupreme Court of Iowa · 1917
- Assignment of The Bloomfield Woolen Mills v. AllenderSupreme Court of Iowa · 1897
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