In re the Assignment of Thompson
Supreme Court of Iowa
Appeal from Wright District Court. — Hon. F. D. Lett's, Judge. A. B. Thompson, having made a general assignment for the benefit of all his creditors to one A. L. Luick, the Ft. Dodge Grocery Company filed an application in said proceedings to have a certain mortgage executed to it made a first lien upon certain property in the hands of the assignee claimed to have been covered by and included in its mortgage. The opinion states the facts.
1Opinion of the CourtGaynor, J.
On the 27th day of October, 1909, A. B. Thompson purchased a stock of goods from the Belmond Savings Bank. At the time he purchased it, the stock invoiced at $3,900. At the same time, Thompson executed a mortgage to the Belmond Savings Bank, upon the stock of goods so purchased, to secure the payment of sixty-eight promissory *22notes, dated on that day, each for $50; the first payable on the 27th day of November, 1909, and $50 on the same day of each month succeeding until all were paid, with interest at 6 per cent. The property mortgaged was described as follows:
All my entire stock of grocery…
2Cases cited6 opinions
- Scharfenburg v. BishopSupreme Court of Iowa · 1872
- Paden & Co. v. Bellenger & RallsSupreme Court of Alabama · 1888
- Fejavary v. BroeschSupreme Court of Iowa · 1879
- Minnesota Linseed Oil Co. v. MaginnisSupreme Court of Minnesota · 1884
- Phillips & Son v. BothSupreme Court of Iowa · 1882
1 more not listed; retrieve them via the Exa API.
3Cited by19 opinions
- Dessommes v. DessommesCourt of Appeals of Texas · 1973
- Ontario Livestock Commission Co. v. FlynnSupreme Court of Iowa · 1964
- Lyons v. ShearmanSupreme Court of Iowa · 1954
- Cattle Owners Corp. v. ArkinDistrict Court, S.D. Iowa · 1966
- Halart, L.L.C. v. Independent Auto Warehouse, Inc. (In Re Twin B Auto Parts, Inc.)United States Bankruptcy Court, E.D. Virginia · 2001
14 more not listed; retrieve them via the Exa API.