Raymond v. Cox

Van Fleet, V. C.

The complainants are judgment creditors of Owen T. W. McDonald. They have exhausted their remedy at law, and now seek the aid of this court to reach certain property, which they charge represents money that two of McDonald’s clerks embezzled from him while they were in his employ. For several years prior to 1883, McDonald was engaged in business, in Jersey City, as a wholesale and retail grocer. He failed in 1883. At the time of his failure, he represented to his creditors that his available assets amounted to about $14,000, and that his liabilities were over $50,000. He also…