Scott v. Bryan
Scott v. Bryan
Opinion of the Court
Opinion of the Court by
Wilson, Culbertson & Co., a firm composed of O. M. Wilson, John Oulbertson, Wm. Grubb, and Thayer O. White, executed their promissory note to Robert Scott, trustee, for Nancy Garrett for $2,347.75, dated the first of September, 1852. The firm -which was an iron manufacturing company was subsequently changed by the withdrawal of some of its members and the addition of others, and continued in’ the firm name of Wilson, Baird & Co., of which said Grubb was still a member.
The company appears to have failed in business in 1859. On the 11th day of November, 1859, said Robert Scott exhibited his petition in equity in the Greenup Circuit Court, setting forth his debt and alleging, among other matters, that said Grubb had sold, assigned, and otherwise disposed of his property with the fraudulent intent to cheat, hinder, and delay his creditors, and had pretended to sell- and assign to James Bryan, a defendant in the action, “ Several thousand dollars in promissory notes or other evidences of debt,” that these transfers were not real bona fide transactions, but a mere subterfuge and “ fraudulent device and shift made for the -purpose of covering up so as to delay and defraud creditors ” and he prays to have the debts attached in the hands of Bryan and subjected to the payment of his claim.
In the meantime said Bryan brought an action against said George Wurts, Samuel G. Wurts, and Alfred Spalding, a copartnership trading in the name and style of Wurts, Spalding & Co., upon two promissory notes,, one of. them executed by said Wurts, Spalding & Co., to Bryan for $2,540, dated October 25, 1859, and payable January 1, 1860, aud the other for $84.98, made payable to Wm. Grubb and by him assigued to Bryan. Said Wurts,'Spalding & Co. in their answer in this action set forth that the note of $2,540 was executed in renewal of one which they had before given to Grubb, who assigned it to Bryan. They refer to the suit of Scott attaching the debts assigned-by Grubb to Bryan, and insist, as therein alleged, that said assignments from Grubb to Bryan were fraudulent, and pray to set off said debt of $3,550, of Wilson^, Baird & Co., taken up by George Wurts, against their debts in the hands of Bryan.
The several suits having been by appropriate orders consolidated were heard together; the court adjudged as between the appellants, Bobert Scott and George Wurts, and the appellees, Bryan and Grubb, in substance:
1. That said Scott’s petition as to Bryan be dismissed, and said Bryan permitted to collect the claims assigned him by Grubb, the assignments to Bryan being adjudged to be valid.
2. That Bryan recover against Wurts, Spalding & Co. the debts claimed in his action against them, the set-off claimed by George Wurts being disallowed.
As to the validity of the assignments of the claims from Grubb to Bryan, which presents the principal question to be determined, no elaborate statement of the evidence is claimed necessary. Although at the date of said transfers, the embarrassments of the firm of Wilson, Baird & Co. were such as to induce the appre
Regarding as we do the purchase of Bryan as having been made in good faith, the voluntary renewal to him of the larger note which Grubb had assigned him on Wurtz, Spalding & Co. operated, in our opinion, to estop them from setting up the claim of George Wurts against Grubb, by way of set-off as a bar to Bryan’s action thereon; even if such right of set-off had existed as to the original note.
The note of $84.98 executed to Grubb by Wurts, Spalding & Co. appears to have been assigned to Bryan on the 20th of June, 1859, and before the liability of George Wurts on the note of Wilson, Bard & Co. in the Bank of Ashland was created.
Wherefore, perceiving no error in the judgment to the prejudice Wilson, Baird & Co. in the Bank of Ashland was created,
Case-law data current through December 31, 2025. Source: CourtListener bulk data.