Clayton v. Johnson
Supreme Court of Arkansas
APPEAL from Jefferson Circuit Court. Hon. N. J. Pindall, Circuit Judge. The assignment does not comply with the statute. Gantt’s Digest, chap. X. The execution was.a prior lien when it reached the officer’s hands. Stipulation for a release on condition of receiving a benefit under the assignment is fraudulent, and avoids it. 14 John., 458; ib., 442, 448; 1 Paige, 24; 11 Wendell, 187, 202, 225 ; 6 Hill {N. Y.), 438; 32 Barbour, 240 ; 1 Iredell’s Law, 490; 1 Sm. $ Mar.
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APPEAL from Jefferson Circuit Court. Hon. N. J. Pindall, Circuit Judge. The assignment does not comply with the statute. Gantt’s Digest, chap. X. The execution was.a prior lien when it reached the officer’s hands. Stipulation for a release on condition of receiving a benefit under the assignment is fraudulent, and avoids it. 14 John., 458; ib., 442, 448; 1 Paige, 24; 11 Wendell, 187, 202, 225 ; 6 Hill {N. Y.), 438; 32 Barbour, 240 ; 1 Iredell’s Law, 490; 1 Sm. $ Mar. Gh., 208, 265; 10 Watts, 237; 1 Davis, 197; 5 Ohio, 289; 7 Ohio, 246; 2 Bin., 182; 5 Green-leaf, 245; 9 Porter, 567 ; 33 Ala.,…
1Opinion of the CourtEnolish, C. J.
The deed of assignment under which ihe litigation in this case arose, is, in substance, as follows:
“Whereas, we, Chowning, Saunders & Co., a firm doing business in the city of Pine Bluff, etc., are indebted to McGehee, Snowdon & Violett, of the city of New Orleans, etc.; E. T. Jaffrey & Co., of the city of New York; Renner & Co., B. Lowensteiu & Co., and Schoolfield, Hannauer & Co., of the city of Memphis, etc., in a large amount of money, much beyond our ability to pay, and being desirous of securing said creditors, as well, also, as all other creditors whom we may be owing, now we, said…
2Cases cited14 opinions
- Brashear v. WestSupreme Court of the United States · 1833
- Britton v. . LorenzNew York Court of Appeals · 1871
- Halsey v. FairbanksU.S. Circuit Court for the District of Massachusetts · 1826
- Seaving v. BrinkerhoffNew York Court of Chancery · 1821
- Perry Insurance & Trust Co. v. FosterSupreme Court of Alabama · 1877
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3Cited by13 opinions
- Oates v. RogersSupreme Court of Arkansas · 1940
- Sanger v. FlowCourt of Appeals for the Eighth Circuit · 1891
- Hockaday v. Drye.Supreme Court of Oklahoma · 1898
- H. B. Claflin Co. v. Middlesex Banking Co.U.S. Circuit Court for the District of Eastern Arkansas · 1902
- Aaronson v. DeutschUnited States Circuit Court · 1885
8 more not listed; retrieve them via the Exa API.