Chiatovich v. Young

OPINION

By the Court,

ORR, J.:

On the 3d day of April 1941 one Thomas A. Young, describing himself as a mine operator, made an assignment for the benefit of creditors. The assignment relates that the said Young was indebted to divers persons in considerable sums of money, which he was unable to pay in full, and that he desired to convey all of his property for the benefit of all of his creditors, without any preference or priority other than that provided by law. By said instrument said assignor designated Loyd Wilson and Martin G. Evansen as trustees. The said assignment provided that after the…