Isaac Stickney & Co. v. Crane
Supreme Court of Vermont
Trustee Process. The cause was referred to a commissioner who reported, among other things rendered immaterial by the decision of the court, the following facts: íhe defendants were formerly merchants doing business at-Franklin, in this state, and on the 3rd of October, 1855, were-possessed of goods and chattels and choses in action amounting to about $12,500, including $1,994 in cash deposited in the Missisquoi Bank, at Sheldon.
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Trustee Process. The cause was referred to a commissioner who reported, among other things rendered immaterial by the decision of the court, the following facts: íhe defendants were formerly merchants doing business at-Franklin, in this state, and on the 3rd of October, 1855, were-possessed of goods and chattels and choses in action amounting to about $12,500, including $1,994 in cash deposited in the Missisquoi Bank, at Sheldon. On that day they made an assignment of substantially all their property, except the money deposited in the Missisquoi Bank, to the trustee for the benefit of their…
1Opinion of the Court
Poland, Ch. J.
The plaintiffs claim to hold the trustee liable for funds that came into his hands by an assignment made by ■the principal debtors to him as assignee for the benefit of their ■creditors.
The commissioner to whom this case was sent by the county ■court to ascertain and report the facts, reported “ that said Crane ■& Colcord made said assignment with the purpose and Sitent of preventing and hindering the plaintiffs from getting-their pay on their said debt, either from the property assigned or otherwise, except at the pleasure of said Crane & Colcord, and with the purpose and…
2Cases cited2 opinions
- Wilson v. ForsythNew York Supreme Court · 1857
- Rathbun v. PlatnerNew York Supreme Court · 1854
3Cited by2 opinions
- Kettell v. BaxterNew York Supreme Court · 1906
- Morse v. StevensSupreme Court of Vermont · 1922