Legal Opinion

Albany & Renssellaer Iron & Steel Co. v. Southern Agricultural Works

Supreme Court of Georgia

Decided May 1, 1886PublishedCited by 20 opinions

Debtor and Creditor. Assignments. Laws. Construction of Statutes. Injunction. Receiver. Before Judge Hammond. Fulton Superior Court.

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Debtor and Creditor. Assignments. Laws. Construction of Statutes. Injunction. Receiver. Before Judge Hammond. Fulton Superior Court. March Term, 1885. On March 25,1885, the plaintiffs in error filed their bill, on behalf of themselves and such other creditors as might become parties, alleging, in brief, as follows: Complainants are creditors of the Southern Agricultural Works in various sums, aggregating upwards of $90,000, for debts contracted for materials and supplies used by said works to carry on its business. On March 13, 1885, the company attempted to make an assignment for the benefit…

1Opinion of the Court

Hall, Justice.

1. The most material questions, as respect the legal sufficiency of the assignment in this record, aro identical with those made in Turnipseed et al. vs. Schaefer et al., and to that extent are controlled by the decision therein rendered. Here, as there, valuable assets, belonging to this alleged insolvent corporation, were left out of the schedule required to be annexed under the act of 1881 to the deed or instrument of assignment at the time it was executed, and here, as there, this deed contained a general clause, conveying to the assignee all property of the assignor, which…

2Cases cited3 opinions

  1. Cohen v. Meyers, Cohen & Co.Supreme Court of Georgia · 1871
  2. Cohen & Co. v. Morris & Co.Supreme Court of Georgia · 1883
  3. McCallie & Jones v. WaltonSupreme Court of Georgia · 1868

3Cited by20 opinions

  1. Peoples Loan Company v. AllenSupreme Court of Georgia · 1945
  2. Peoples Loan Co. v. AllenSupreme Court of Georgia · 1945
  3. Hermann v. MobleySupreme Court of Georgia · 1931
  4. Lawrence v. LawrenceSupreme Court of Georgia · 1943
  5. Goodroe v. C. L. C. Thomas WarehouseSupreme Court of Georgia · 1938

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