Wolf v. McGugin
West Virginia Supreme Court
I.— Who is a creditorf — 2 Big. Fraud, 143 note 4, 145 note 1,146 notes 1, 2, 3, 4, 5 and 6; 128 Mass. 102; 37 N. J. L. 800 ; 2 Boot (Conn.) 261; 28 Conn. 103 ; 9 Gusli. 482 ; Bov. Laiv Diet.; And. Law Diet. 291-2; 11 Bush (Ky.) 353. II. — Me Gagin was unable to pay his debts in the ordinary course of business and was therefore insolvent. — 11 Am. & Eng. Enoy. Law 168; 112 Pa. St. 294; 36 Minn. 364; 16 Wall. 277, 308; 9 K. Y. 594; 2 Big. Fraud 190 note 1; 5 Lawy. Rep.
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I.— Who is a creditorf — 2 Big. Fraud, 143 note 4, 145 note 1,146 notes 1, 2, 3, 4, 5 and 6; 128 Mass. 102; 37 N. J. L. 800 ; 2 Boot (Conn.) 261; 28 Conn. 103 ; 9 Gusli. 482 ; Bov. Laiv Diet.; And. Law Diet. 291-2; 11 Bush (Ky.) 353. II. — Me Gagin was unable to pay his debts in the ordinary course of business and was therefore insolvent. — 11 Am. & Eng. Enoy. Law 168; 112 Pa. St. 294; 36 Minn. 364; 16 Wall. 277, 308; 9 K. Y. 594; 2 Big. Fraud 190 note 1; 5 Lawy. Rep. Ann. 765 note ; And. Law Diet. 562; 13 Wall. 47; 21 Wall. 338; 125 U. S. 90 ; 94 U. S. 557. III. — Not necessary that the…
1Opinion of the Court
BkaNNON, Judge:
On August 20th, 1891, E. R. McGugin made a deed, by winch he sold to J. L. Armstrong and E. W. Brown a stock of goods, with which McGugin had been carrying on the business of a hardware merchant, and selling wagons, buggies, etc., the deed reciting the consideration to be two thousand and seventy two dollars, and that for it Armstrong and Brown were to discharge three negotiable notes amounting to one thousand four, hundred dollars, which had, prior to the date of said deed, been made by McGugin to said Brown, and indorsed by Brown, and three notes of same date with said deed…
2Cases cited9 opinions
- Toof v. MartinSupreme Court of the United States · 1871
- Dutcher v. WrightSupreme Court of the United States · 1877
- Brouwer v. . HarbeckNew York Court of Appeals · 1854
- Harden v. WagnerWest Virginia Supreme Court · 1883
- Merchants National Bank v. GoodWest Virginia Supreme Court · 1883
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- Williams v. McCartyWest Virginia Supreme Court · 1918
- First Nat. Bank of Cumberland v. ParsonsWest Virginia Supreme Court · 1896
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- Coaldale Mining & Manufacturing Co. v. ClarkWest Virginia Supreme Court · 1897
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