Belmont v. Lane

By the court, Sutherland, Justice.

However fraudulent the transactions prior to the making of the assignment detailed in the affidavits on which the attachment was issued, uncontradicted or unexplained, might be, such fraud did not and could not deprive Lanes, Boyce & Co. of the right to make an honest assignment for the benefit of their creditors with preferences.

Lanes, Boyce & Co. did, sometime after the alleged fraudulent acts or transactions, make an assignment for the benefit of creditors with preferences ; and that assignment must be deemed fraudulent to authorize the issuing of an…