Paxton & Gallagher v. Learn

Darid Davidson on June 27, 1893, Avas engaged in the grocery business in South Omaha, and being insolvent, he gave to several of his creditors mortgages covering his entire stock of merchandise, as follows: Consolidated Coffee Company, $922.80; John Bradley, $405.97; Paxton & Gallagher, $568.98, and others: The mortgages had priority in the order named. Allen Bros, had an attachment lien for $138.25, superior to the lien of Paxton & Gallagher. Under and in pursuance of an agreement between mortgagor and the mortgagees Davidson remained in the possession of the goods, disposed of them in the…