Pearson v. Crosby
Pearson v. Crosby
Opinion of the Court
The opinion of the Court was drawn up by
Barker, the supposed trustee, claims to hold the estate of the defendant under an assignment to him, made by the defendant, and, as he contends, in pursuance of the statute concerning assignments, of the first of April, 1836. The plaintiffs contend, that the assignment is not. in conformity to the provisions of the statute, and is therefore void. The assignment, in effect, provides only for such creditors as shall consent to discharge the assignor from all claims and demands, except so far as they can realize any portion thereof under the provisions of the assignment. The question is, did this condition render the assignment void ? Before the passage of the above statute, it bad been adjudged, in this State, that it did not. Todd v. Bucknam, 2 Fairf. 45. We are now called upon to determine whether, under the statute, our adjudication should be otherwise. There had been much diversity of opinion on the question among jurists before the passage of the statute. The learned Judge of the U. S. District Court for tho District of Maine, had intimated, very distinctly, that such a condition in any assignment rendered it void under the statutes of the 13 and 27 of Elizabeth. Ware’s R. 232. And Mr. Justice Story, in Halsey & al. v. Fairbanks & trustee, 4 Mason, 206, in the absence of adjudications, and a usage in
Reference
- Full Case Name
- John Pearson & al. versus Stephen S. Crosby & tr.
- Status
- Published