James Bradford Co. v. United Leather Co.
Court of Chancery of Delaware
Statement of the Case. At the time receivers were appointed by this court for the United Leather Company, based on its insolvency, there were on the premises of the company twelve boxes containing leather, each box being marked “Property of Security Trust and Safe Deposit Company.”
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Statement of the Case. At the time receivers were appointed by this court for the United Leather Company, based on its insolvency, there were on the premises of the company twelve boxes containing leather, each box being marked “Property of Security Trust and Safe Deposit Company.” There being a dispute as to ownership of the leather, it was not appraised as part of the assets of the company; but afterwards by agreement of the trust company and the receivers the Chancellor made an order for the sale of the leather, all rights to the leather to be transferred to the proceeds of sale. Pursuant…
1Opinion of the Court
The Chancellor.
The question is as to the ownership of the twelve boxes of leather, or rather of the proceeds of the *113sale thereof. It is claimed by the Security Trust and Safe Deposit Company that the assignment of the invoices for the leather consigned to the two factors transferred to it the title to the leather itself. For the receivers it is urged, however, that an invoice is not an evidence of title, such as is a bill of lading or warehouse receipt, for the former is but a list of goods shipped with the value, price, description and the like, while the latter are receipts of a third…
2Cases cited7 opinions
- Walker v. BrownSupreme Court of the United States · 1897
- Ketchum v. St. LouisSupreme Court of the United States · 1880
- Yeatman v. Savings InstitutionSupreme Court of the United States · 1878
- Hauselt v. HarrisonSupreme Court of the United States · 1882
- First Nat. Bank of New Kensington v. Pennsylvania Trust Co.Court of Appeals for the Third Circuit · 1903
2 more not listed; retrieve them via the Exa API.
3Cited by6 opinions
- Royal Insurance Co. v. SimonCourt of Chancery of Delaware · 1934
- In Re Ford-Rennie Leather Co.District Court, D. Delaware · 1924
- Delaware Trust Co. v. Elder & Co.Court of Chancery of Delaware · 1920
- In Re Fader Motor CompanyCourt of Chancery of Delaware · 1968
- In re SossDistrict Court, D. Delaware · 1943
1 more not listed; retrieve them via the Exa API.