National State Bank v. Foster
Supreme Court of New Jersey
On appeal from a decree of the court of chancery advised by Vice-Chancellor Stevens, who filed the following opinion: This is a creditor’s bill. The defendant, Ellis L. Foster, sold his farm and the grantee made a mortgage to him to secure a part of the price, which mortgage Foster assigned to his wife.
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On appeal from a decree of the court of chancery advised by Vice-Chancellor Stevens, who filed the following opinion: This is a creditor’s bill. The defendant, Ellis L. Foster, sold his farm and the grantee made a mortgage to him to secure a part of the price, which mortgage Foster assigned to his wife. Foster had, prior to this sale, endorsed the notes of a corporation called the Sands-ICline Companjr, and upon these complainant has recovered judgment against both maker and endorsers. The case comes within the rale laid down by the court of errors and appeals in Severs v. Dodson, 53 N. J.…
1Per curiam
The decree appealed from will be affirmed, for the reasons stated in the opinion filed in the court below by Vice-Clianeellor Stevens.
*335For affirmance — Ti-ie Chief-Justice, Swayze, Trenchard, Parker, Bergen-, Minturn, Kaliscii, Black, Wi-iite, Heppeniieimer, Williams, Taylor, Gardner, Ackerson — 14.
For reversal — None.
2Cited by2 opinions
- Conway v. RaphelNew Jersey Court of Chancery · 1927
- Vail v. DiamondNew Jersey Court of Chancery · 1927