Preston v. . Southwick
New York Court of Appeals
preme Í order ji favor Appeal from judgment of the General Ter Court in the third judicial department, ente made hTovember 29, 1886, which affirmed a of defendants, entered upon the report of a pointed fects of uted by ¡ and to I lion.
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preme Í order ji favor Appeal from judgment of the General Ter Court in the third judicial department, ente made hTovember 29, 1886, which affirmed a of defendants, entered upon the report of a pointed fects of uted by ¡ and to I lion. This action was brought by plaintiff, as r< in supplementary proceedings, of the prop* defendant McIntyre, to set aside two bills o Mm to defendants Southwick and Wills as : recover the value of the property so transfe The material facts are sufficiently stated i The outside was reduced to writing by learned counsel a: it, which Id within an hour from the time…
1Opinion of the Court
Ruger, Ch. J.
This case presents many of the features usually accompanying transfers of property made by an insolvent debtor to prefezred creditors, which have incurred the disapprobation of those who are not benefited by their provisions. Notwithstanding the right of a debtor under the law to make such disposition of his property among his creditors, which, if made in good faith, shall cause some to be wholly-paid and others to receive little or nothing upon their claims, they are seldom satisfactory to the excluded creditors and lead almost invariably, and perhaps naturally, to efforts to…
2Cases cited2 opinions
- Brackett v. . HarveyNew York Court of Appeals · 1883
- Blaut v. . GablerNew York Court of Appeals · 1879
3Cited by6 opinions
- Benedict v. RatnerSupreme Court of the United States · 1925
- Benedict v. RatnerSupreme Court of the United States · 1925
- In re CichanowiczDistrict Court, E.D. New York · 1964
- Sheldon v. . McFeeNew York Court of Appeals · 1916
- Allen v. GrayNew York Supreme Court · 1909
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