Deglane v. His Creditors
Deglane v. His Creditors
Opinion of the Court
delivered the opinion of the court. This is an appeal from the decision of the court below, whereby the usual order, in cases of the surrender of property, by an insolvent debtor, for staying proceedings against the applicant, was rescinded and set aside: whereon he appealed.
It appears from the record and statement of facts, agreed upon by the counsel of the parties, that the appellant filed his petition, in the ordinary form, praying for a meeting of his creditors, but that on account of some real or supposed irregularity in the proceedings, at the time appoint
Under these circumstances of the case the correctness of the decision of the district court cannot be doubted. Although creditors cannot refuse a surrender, made according to the forms of law, unless incase of fraud on the part of the debtor, yet, the rule can only apply in cases where a cession of goods has been regularly tendered to them, after they have been called together, at the instance of the debtor.
It is, therefore, ordered, adjudged and decreed, that the judgment of the district Court be affirmed with costs.
Reference
- Full Case Name
- DEGLANE v. HIS CREDITORS
- Status
- Published