Moore v. Bonnell
Supreme Court of New Jersey
On demurrer to plea. On the 4th December, 1861, the plaintiffs, who had their domicil in New York, executed in that state an assignment of all their property, real and personal, for the benefit of their creditors; such assignment creating preferences in favor of creditors of a certain class, and in this respect being repugnant to the statute of this state regulating assignments by debtors for the benefit of their creditors, although it was valid by the laws of New York.
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On demurrer to plea. On the 4th December, 1861, the plaintiffs, who had their domicil in New York, executed in that state an assignment of all their property, real and personal, for the benefit of their creditors; such assignment creating preferences in favor of creditors of a certain class, and in this respect being repugnant to the statute of this state regulating assignments by debtors for the benefit of their creditors, although it was valid by the laws of New York. The defendants were indebted to the plaintiffs at the time of this assignment, and the debt thus due was, subsequent to the…
1Opinion of the Court
The Chief Justice.
In the case of Varnum v. Camp, 1 Creen 326, it was, after mature deliberation, decided by this court that a general assignment, made in a foreign jurisdiction by a debtor in favor of his creditors, was not valid, so as to pass the title to the personal effects of the debtor situated within our territory, as against the creditors of the assignor, if it contravened the essential provisions of the statute of this state regulating such assignments. The fact that the assignment was made in the place of the domicil of the debtor, and that it was lawful by the law of such domicil,…
2Cases cited4 opinions
- Ingraham v. GeyerMassachusetts Supreme Judicial Court · 1816
- Dundas v. BowlerU.S. Circuit Court for the District of Southern Ohio · 1844
- Bholen v. ClevelandU.S. Circuit Court for the District of Massachusetts · 1828
- Wadsworth v. MarshSupreme Court of Connecticut · 1833
3Cited by1 opinion
- IAC, LTD. v. Princeton Porsche-AudiNew Jersey Superior Court Appellate Division · 1977