Coverdale v. Wilder
Coverdale v. Wilder
Opinion of the Court
The first question is whether the plaintiffs are parties to the assignment. It is not executed by Cover-dale, but his assent might be presumed, within the case of Ward v. Lewis, 4 Pick. 518, the assignment being for his benefit; but it is not necessary to resort to that ground, since Hills may be regarded as his agent.
The next question is, whether Coverdale was a preferred creditor ; and this depends on the clause recited from the assignment. In order to carry the assignment into effect to the greatest advantage, it was important to remove all attachments ; and the deed provides, that the assignees, after paying the expenses of executing the assignment and the trusts therein contained, shall apply the proceeds of the assigned property, first, to pay to Hills, or any other deputy sheriff, all claims or in
The remaining question relates to the costs of Coverdale’s action. We think the assignment contemplated the extinguishment of certain debts on which attachments had been made, and not the costs which should accumulate by keeping the actions in court. The plaintiff will therefore recover the costs to the time of the execution of the assignment, but not those accruing subsequently.
Reference
- Full Case Name
- Henry Coverdale versus Abel Wilder
- Status
- Published