Stout v. Philippi Manufacturing & Mercantile Co.
West Virginia Supreme Court
I.— Creditor secured by deed of trust is bound by its terms unless he dissents or disclaims.—38 W. Va. 409. II.—Deed, fraudulent as to others, r/ood, inter--partes.—32 W. Va. 232; 27 W. Va. 206; 9 W.‘ Va. 552; 24 W. Va. 730. III.—Fraudulent beneficiary can reap no subsequent benefit though his debt be redid.—25 W. Va. 243; 15 N. Y. 334; 4 Comstock, 449; 4 Hill, 424; 2 W. Va. 502; 3 W. Va. 571. IV.—Appeal from final decree brings for review all intermediate proceedings.—9 W.…
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I.— Creditor secured by deed of trust is bound by its terms unless he dissents or disclaims.—38 W. Va. 409. II.—Deed, fraudulent as to others, r/ood, inter--partes.—32 W. Va. 232; 27 W. Va. 206; 9 W.‘ Va. 552; 24 W. Va. 730. III.—Fraudulent beneficiary can reap no subsequent benefit though his debt be redid.—25 W. Va. 243; 15 N. Y. 334; 4 Comstock, 449; 4 Hill, 424; 2 W. Va. 502; 3 W. Va. 571. IV.—Appeal from final decree brings for review all intermediate proceedings.—9 W. Va. 680; 25 W. Va. 133; 26 W. Va. 534. V.—Bents and-profits must be sequestered before creditors cam secure them.—33 W.…
1Opinion of the Court
Brannon, Judge:
B. B. Stout brought a suit in equity in the Circuit Court of Barbour county against the Philippi Manufacturing & Mercantile Company, a corporation, and others, to recover a debt due Stout from the corporation, alleging that said corporation had become embarrassed to insolvency and that it had executed a deed of trust upon certain personal property to secure a debt to the Farmers’ Bank of Philippi, and later a deed of trust upon all its real estate and machinery attached thereto, to secure various debts, in certain order, preferring a large indebtedness to said bank over Stout’s…
2Cases cited15 opinions
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- Lynch v. AndrewsWest Virginia Supreme Court · 1885
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