Robins v. Embry
Mississippi Chancery Courts
Thomas E. Ro.bins, William S. Bodley, and William C. Walker, filed their bill, in which they state, that on the 13th d?y of February, A. D. 1840, the President, Directors, and Company of the Commercial and Railroad Bank of Vicksburg, a duly incorporated company, assigned, by two deeds of assignment, all its property, and all the proceeds and profits of the railroad, to assignees, for the benefit of the creditors of tbe company. These deeds were exhibited with the bill.
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Thomas E. Ro.bins, William S. Bodley, and William C. Walker, filed their bill, in which they state, that on the 13th d?y of February, A. D. 1840, the President, Directors, and Company of the Commercial and Railroad Bank of Vicksburg, a duly incorporated company, assigned, by two deeds of assignment, all its property, and all the proceeds and profits of the railroad, to assignees, for the benefit of the creditors of tbe company. These deeds were exhibited with the bill. That Thomas E. Robins, William S. Bodley, and William W. Frazier, were the assignees of the bank, who accepted, and entered…
1Opinion of the Court
Chancellor.
On the 13th of February, 1840, the Commercial and Railroad Bank of Vicksburg, by two separate deeds of that date, made an assignment in trust, to the complainants, of all its property and effects, of every kind and description, including the net profits of the railroad when it should be finished. The assignment recites that the embarrassments of the corporation were such, at that time, as to render it unable to either complete the railroad according to its charter, or to pay its debts. The objects of the assignment are declared to be: — 1. The payment of all its *256debts. 2. The…
2Cases cited12 opinions
- United States v. Hooe Et Al.Supreme Court of the United States · 1805
- Mackie v. CairnsCourt for the Trial of Impeachments and Correction of Errors · 1825
- Vose v. GrantMassachusetts Supreme Judicial Court · 1819
- Catlin v. Eagle Bank of New-HavenSupreme Court of Connecticut · 1826
- Spear v. GrantMassachusetts Supreme Judicial Court · 1819
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