Michigan Trust Co. v. Grand Rapids Democrat
Michigan Supreme Court
Appeal from Kent; Adsit, J. Bill by the Michigan Trust Company against the Grand Rapids Democrat to foreclose a chattel mortgage. M. Almy Aldrich and other employés of the defendant corporation severally filed petitions as interveners for preference as to their several claims for compensation. From a decree in favor of the interveners, complainant appeals.
1Opinion of the CourtMoore, J.
The interveners were allowed certain claims, which complainant was directed to pay as preferred claims. It is the claim of the interveners that the claims were properly allowed as preferred claims, under the provisions of 3 How. Stat. §'"8749to, which provides that—
“All debts which shall be owing for labor by any person or persons or corporation at the time he, they, or it shall become insolvent shall be preferred claims against the estate of such insolvent debtor or debtors, and have precedence in the payment thereof over all debts owing by such insolvent debtor or debtors at the time of…
2Cases cited3 opinions
- In re the Assignment of George T. Smith Middlings Purifier Co.Michigan Supreme Court · 1890
- In re the Assignment of the George T. Smith Middlings Purifier Co.Michigan Supreme Court · 1894
- Bank of Montreal v. J. E. Potts Salt & Lumber Co.Michigan Supreme Court · 1892
3Cited by7 opinions
- American Medical Ass'n v. United StatesCourt of Appeals for the D.C. Circuit · 1942
- In re JonesDistrict Court, W.D. Michigan · 1907
- Wells v. Coulter Sales, IncMichigan Court of Appeals · 1981
- Jorgensen v. MickleMichigan Supreme Court · 1932
- Dodd v. HoranLouisiana Court of Appeal · 1929
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