Legal Opinion

Coaldale Coal Co. v. State Bank

Pennsylvania Court of Common Pleas, Centre County

Decided May 4, 1891No. 215PublishedCited by 8 opinions

No. 215 January Term 1891, Sup. Ct.; court below, No. 218 November Term 1890, C. P. On October 1, 1890, upon the sheriff’s petition an issue was directed, wherein the Coaldale Coal Company was to be plaintiff, and the National State Bank of Camden, N. J., other banks and a certain coal company, defendants, to determine the title to certain personal propel^, including leases and leasehold rights for mining coal, levied upon under writs in favor of the defendants in the issue,…

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No. 215 January Term 1891, Sup. Ct.; court below, No. 218 November Term 1890, C. P. On October 1, 1890, upon the sheriff’s petition an issue was directed, wherein the Coaldale Coal Company was to be plaintiff, and the National State Bank of Camden, N. J., other banks and a certain coal company, defendants, to determine the title to certain personal propel^, including leases and leasehold rights for mining coal, levied upon under writs in favor of the defendants in the issue, as the property of D. W. Holt and R. H. Chipman, partners as Holt & Chipman, and claimed to be the property of the…

1Per curiam

A careful examination of this record, and of the fourteen assignments of error, fails to disclose any sufficient reason for reversing the judgment. There was nothing illegal or improper in the formation of the plaintiff company, nor in the transfer to it by Holt & Chipman of the property in question. At the time the company was formed, that firm appears to have heen solvent, and there is nothing to show that it was intended as a fraud upon their present or future creditors. It was not a withdrawal of their property from the grasp of creditors. On the contrary, it remained subject to their…

2Cited by8 opinions

  1. Thorpe v. Pennock Mercantile Co.Supreme Court of Minnesota · 1906
  2. Terrace Corp. v. CommissionerUnited States Board of Tax Appeals · 1938
  3. Bristol v. JonesboroTennessee Supreme Court · 1898
  4. Kulka v. NemirovskySupreme Court of Pennsylvania · 1936
  5. Troy v. MorseWashington Supreme Court · 1900

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