Ferguson v. Northern Bank
Court of Appeals of Kentucky
Cases 22,23 — PETITIONS EQUITY APPEALS FROM LOUISVILLE CHANCERY COURT. 1. The warehouse-receipts are invalid— Because a sale or pledge of a quantity of goods, to be separated from a larger mass, passes no title and confers no lien without and until separation.
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Cases 22,23 — PETITIONS EQUITY APPEALS FROM LOUISVILLE CHANCERY COURT. 1. The warehouse-receipts are invalid— Because a sale or pledge of a quantity of goods, to be separated from a larger mass, passes no title and confers no lien without and until separation. (Campbell v. Mersey Docks, 108 E. C. L. 412; Aldridge v. Johnson, 7 Ellis & B. 885; Austen v. Craven, 4 Taunton, 647; Riggs v. Minett, 11 East. 210.; White v. Wilkes, 5 Taunton, 176; Shepley v. Davis, 5 Taunton, 617; Busk v. Davis, 2 M. & S. 398 ; Waldo v. Belcher. 11 Ire.. 609; Hunter v. Hutchinson, 7 Barr, 141; Golder v. Ogden, 15 Pa.…
1Opinion of the CourtChief Justice Pryor
On the 29th of May, in the year 1876, Krauth, Ferguson & Co., pork-packers in the city of Louisville, becoming much embarrassed, made a conveyance or assignment, in trust to John Ferguson, jr., of all the firm property for the benefit of their creditors.
At the date of the assignment this firm was in the pos*559session of a large quantity of bacon, consisting of hams, shoulders, and middlings, in their warehouse in the city of Louisville, that was taken possession of by the assignee and sold with a view of applying the proceeds to the payment of the firm liabilities.
After the assignment and sale…
2Cases cited1 opinion
- Petitt & Co. v. First National BankCourt of Appeals of Kentucky · 1868
3Cited by9 opinions
- New England Dressed Meat & Wool Co. v. Standard Worsted Co.Massachusetts Supreme Judicial Court · 1896
- Maryland Casualty Co. v. Washington Loan & Banking Co.Supreme Court of Georgia · 1928
- Commercial National Bank v. GilletteIndiana Supreme Court · 1883
- Crooke v. Hume's Ex'txCourt of Appeals of Kentucky · 1908
- Cumberland Pipe Line Co. v. Commonwealth Ex Rel. Sheriff of Estill CountyCourt of Appeals of Kentucky (pre-1976) · 1934
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