Mudge v. Wilmot
Massachusetts Supreme Judicial Court
Tort. The declaration alleged that the defendant, in order to induce the plaintiffs to sell him goods on credit, falsely represented to them that he was then a man of large property and able to pay his debts; that his annual sales in his business were from $150,000 to $200,000; that he then had in his business a capital of $50,000, all his own; that the plaintiffs, believing these representations to be true, were induced to sell and did sell the defendant goods to the amount…
Read the full summary
Tort. The declaration alleged that the defendant, in order to induce the plaintiffs to sell him goods on credit, falsely represented to them that he was then a man of large property and able to pay his debts; that his annual sales in his business were from $150,000 to $200,000; that he then had in his business a capital of $50,000, all his own; that the plaintiffs, believing these representations to be true, were induced to sell and did sell the defendant goods to the amount of $8024.94 on a credit of sixty days; and that all of these representations were untrue to the knowledge of the…
1Opinion of the CourtGbay, C. J.
By the U. S. St. of June 22, 1874, § 17, it is enacted that the provisions of a composition, accepted by a resolution of the requisite majority of the creditors of a bankrupt, and confirmed by the District Court of the United States, in pursuance of this section, “ shall be binding on all the creditors whose names and addresses and the amounts of the debts due to whom are shown in the statement of the debtor produced at the meeting at which the resolution shall have been passed, but shall not affect or prejudice the rights of any other creditors.”
The bankrupt act provides that “ no debt…
2Cases cited4 opinions
- Morse v. HutchinsMassachusetts Supreme Judicial Court · 1869
- Guild v. ButlerMassachusetts Supreme Judicial Court · 1877
- In re BecketU.S. Circuit Court for the District of Louisiana · 1875
- Ex parte TraftonDistrict Court, D. Massachusetts · 1876
3Cited by10 opinions
- Merchants' Insurance Co. of Providence v. AbbottMassachusetts Supreme Judicial Court · 1881
- Cobbossee National Bank v. RichSupreme Judicial Court of Maine · 1889
- Home National Bank v. CarpenterMassachusetts Supreme Judicial Court · 1880
- Farwell v. RaddinMassachusetts Supreme Judicial Court · 1880
- In re Back Bay Automobile Co.District Court, D. Massachusetts · 1907
5 more not listed; retrieve them via the Exa API.