Best & Russell Co. v. Meyerfeld
Best & Russell Co. v. Meyerfeld
Opinion of the Court
This suit is on an account. It was instituted before a justice of the peace by attachment. The ground for attachment was that the defendant was about fraudulently to convey or assign his property or effects so as to hinder or delay his creditors. Upon trials of the plea in abatement both before the justice and in the circuit court, the findings and judgments were for the defendant. The plaintiff has appealed to this court from the judgment of the circuit court. On this appeal counsel insist that the judgment on the plea in abatement is against the instructions given, by the court.
On the second day of January, 1896, the defendant was a dealer in cigars, pipes, etc., in the city of St. Louis. He had a cigar stand on Sixth street. Some of his stock was in a warehouse on Locust street. He was indebted to the plaintiff. This suit was begun on the day mentioned. The wiit of attachment was executed between 9 and 10 o’clock in the morning, and the goods above described were seized and taken possession of by the constable. About two hours later the defendant executed a chattel mortgage on the property to secure a debt that he owed his wife. The defendant testified that he had no intention of securing the debt of his wife until after the levy of the attachment. After the goods had been attached the defendant claimed a portion of the property as exempt, and the exemption was allowed by the constable. With
“First, the court declares the law to be that a chattel mortgage covering stock of goods in which the grantor remains in possession with the knowledge or consent of the mortgagee, and sells the _ ‘ same ana used the proceeds for his own use is fraudulent in law.”
“Second, the court declares the law to be, that if the defendant immediately after the levy of the attachment executed a fraudulent mortgage covering any or all his property, then the court will find for the plaintiff on the first ground of attachment.”
The first instruction states an abstract legal proposition, and is well enough; but it by no means precluded the court from finding the issue on the plea in abatement for the defendant. It is admitted that the defendant did continue to sell cigars, and that his stock in trade consisted of a portion of the goods mortgaged to his wife, but the evidence tends to show that his new stock in trade consisted of the cigars set apart to him under hi's exemptions.
The second instruction is erroneous, and might well have been refused. It says that if defendant “executed a fraudulent mortgage.” The facts necessary to be found to render the instrument fraudulent are not stated. But putting this objection aside, the evidence fully justified the court in its conclusion that the mortgage was given solely to secure a valid debt. Counsel for appellant seems to contend that the mere fact that the mortgage was executed a few hours after the attachment furnishes conclusive evidence that the intention to give the mortgage was formed before the attachment. If this be conceded, it does not necessarily
There is no error in this record. The judgment of the circuit court will therefore be affirmed.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.