Gottlieb v. Miller

The facts in this case are very complicated; to state them at large would occupy a great deal of space, and we have no reason to fear that our decision will be final.

The whole argument of the appellants is based upon the proposition that the directors of an insolvent corporation, so utterly insolvent as to have abandoned all effort to continue business, can not give preferences to creditors of the corporation having knowledge of its condition.

We concede that the facts are with the appellants; that much authority in other States is with them; but that the law of this State is with them, we…