Wellock v. Binkle

This is an action in replevin involving right to possession of a stock of merchandise for which plaintiff as trustee held a bill of sale executed by defendants as security for indebtedness to the State Bank of Harbor Beach, the real party in interest on plaintiff’s side. The parties were before this court in a preliminary proceeding involving this and other litigation (Wellock v. Cowan, 221 Mich. 58) where the conditions out of which such litigation arose are briefly summarized. The property taken by the sheriff under his writ was, as shown by the inventory, valued by the official appraisers…