Citizens' Bank v. Studebaker Bros. Mfg. Co.
Mississippi Supreme Court
From the circuit court of Montgomery county. ITon. C. IT. Campbell, Judge. Purnell & Grider, merchants at Winona, Miss., were the agents of the Studebaker Bros. Mfg. Co., under a written contract by which they were to sell wagons on commission, making remittances from time to time. They were to pay freight, taxes and all other expenses, and keep the property insured for the benefit of said company. As security, the legal title was reserved by the company.
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From the circuit court of Montgomery county. ITon. C. IT. Campbell, Judge. Purnell & Grider, merchants at Winona, Miss., were the agents of the Studebaker Bros. Mfg. Co., under a written contract by which they were to sell wagons on commission, making remittances from time to time. They were to pay freight, taxes and all other expenses, and keep the property insured for the benefit of said company. As security, the legal title was reserved by the company. The contract was made in 1889. Among other things, it provided as follows: “At the option of said company, or after nine months from the…
1Opinion of the CourtCooper, J.
The xnghts of the parties to this suit ax’e governed by § 4234, code 1892 (§ 1300, code 1880), under which the property in controversy was, as to the creditors of Purnell & Grider, the property’ of that firm. The facts of this ease do not distinguish it, ixx principle, from that of Shannon v. Blum, 60 Miss., 828.
The judgment is reversed and cause remanded.
2Cases cited1 opinion
- Shannon v. BlumMississippi Supreme Court · 1883
3Cited by4 opinions
- In re CaverDistrict Court, S.D. Mississippi · 1930
- Rome Mfg. Co. v. BaileyDistrict Court, S.D. Mississippi · 1931
- General Electric Co. v. MartinWest Virginia Supreme Court · 1925
- In re MathenyDistrict Court, S.D. Mississippi · 1932