Phœnix v. Dey
Court for the Trial of Impeachments and Correction of Errors
February, 1801, a commission of bankruptcy issued against Nathaniel G. Ingraham, who was thereupon declared a bankrupt, and his estate assigned to the respondents, in trust, for his creditors. About the beginning of October, 1800, he became insolvent, and expressed his inability to pay his notes, which were protested for non-payment.
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February, 1801, a commission of bankruptcy issued against Nathaniel G. Ingraham, who was thereupon declared a bankrupt, and his estate assigned to the respondents, in trust, for his creditors. About the beginning of October, 1800, he became insolvent, and expressed his inability to pay his notes, which were protested for non-payment. After his public declaration of his inability to pay his debts, Ingraham, in October, November and December, 1800, made several assignments and transfers of his lands, effects and debts, to individual creditors, which the respondents, in their bill in chancery,…
1Opinion of the CourtSpencer, J.
By the decree of the court of chancery, in this case, all the conveyances, assignments, securities and payments, made by Ingraham, the bankrupt, to the appellant, or for his use, stated and set forth in the bill of complaint, and which were made subsequent to the 6th of October, 1800, are adjudged to be fraudulent and yoj^ as against the assignees of the bankrupt, and arq set aside, and the appellant is ordered to account for, and pay to the respondents all moneys received by him, being the proceeds of property, or securities so assigned, and to assign and reconvey such as had not been…
2Cited by26 opinions
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- West v. RandallU.S. Circuit Court for the District of Rhode Island · 1820
- Osgood v. President & Directors of the Manhattan Co.New York Supreme Court · 1824
- United States Bank v. HuthCourt of Appeals of Kentucky · 1844
- Burt v. McKinstrySupreme Court of Minnesota · 1860
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