Olney v. Conanicut Land Co.
Supreme Court of Rhode Island
Bill in Equity to annul a mortgage and for a receiver.
1Opinion of the CourtStiness, J.
The complainants, judgment creditors of tbe Conanicut Land Company, seek to set aside a mortgage given to the defendants Lippitt, Davis, and Bradford, to secure them for advances, and for tbeir indorsements of the notes of the company. The mortgage was given immediately after the complainants had brought suits for damages against the company for negligence, and when the company was insolvent; the agreed statement of facts showing that it had not sufficient assets with which to discharge all its outstanding indebtedness, were payment of the same to be demanded when due. Since then the…
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- Hoyle v. Plattsburgh & Montreal RailroadNew York Court of Appeals · 1873
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- Lawton v. NymanCourt of Appeals for the First Circuit · 2003
- Stuart v. LarsonCourt of Appeals for the Eighth Circuit · 1924
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