Tradesmens Bank v. Fairchild
Tradesmens Bank v. Fairchild
Opinion of the Court
On the 19th day of December, 1861, David D. Fairchild obtained a judgmeut by confession against Isaac L. Hunt, for the sum of $584.74, and on the next day executions were delivered to the sheriffs of the counties of Middlesex and Essex.
On the 20th day of the same December, Joseph E. Allen also obtained a judgment against the said Isaac L. Hunt, by confession, for the sum of $4392.59, and on the 23d of that month, an execution thereon was delivered to the sheriff of Essex, and -on the 24th an execution was delivered to the sheriff of the county of Middlesex.
On the 7th of January, 1863, a little more than two years afterwards, The Tradesmens Bank of the city of New York also obtained a judgment against the said Isaac D. Hunt, along with George M. Chapman and Julia Ann Chapman, for the sum of $9382.29, and on the 26th day of the said January an execution thereon was delivered to the sheriff of the county of Middlesex.
By virtue of these several executions in his hands, the sheriff of Middlesex, on the 30th day of March, 1863, sold the interest of the said Isaac L. Hunt in certain personal property for the sum of $1160. At the term to which this last named execution was returned, The Tradesmens Bank obtained a rule to show cause why the money thus raised should not be appropriated to the claim of the said bank, instead of to the two prior judgments; the sheriff having been previously notified to pay the said money into the court. Several reasons have been urged in behalf of this application.
It is insisted that the .judgment of Joseph E. Allen should be set aside as fraudulent and void, because the affidavit, made by the plaintiff at the time of the confession of the judgment, is insufficient. The affidavit in this case might have been more specific and particular, but I do not find anything in it that is necessarily fraudulent or wrong.
Again: it is insisted that the said Tradesmens Bank should have the money raised by the sale aforesaid, because, at the
And it is further insisted that both these judgments, the one of Fairchild and the one of Allen, are fraudulent and void, for the reason that there was nothing due from the defendant to the plaintiffs at the time of the confessions, or, if anything, but very little, and for and against this allegation a large amount of evidence, and a large number of exhibits on the one side and on the other, have been laid before us. Much of this evidence is very complicated, being connected with and growing out of disputes and difficulties and angry feelings, resulting from the business relations existing between some of the parties, who were engaged in manufacturing and merchandising. The evidence, too, is extremely conflicting, and contradictory, and uncertain; much of it being well calculated to awaken the apprehension that all is not right about the judgments, but not enough to enable us to say so with any certain assurance of being correct.
Now, while the right and power and duty of the court to inquire into and settle, as among several judgment creditors, which shall have the prior right to the money raised by virtue of these executions, cannot be questioned, yet I think that such investigations by the court should be limited to cases where all the material facts are either admitted, or are of such a nature as that they can be readily reduced to something like certainty. In all such cases the questions become questions of law or of equity for the court to decide. But where there is a general allegation of fraud in the judgment, where there is nothing certain or admitted, and where every-
Hoyt v. Hoyt.
Reference
- Full Case Name
- THE TRADESMENS BANK OF THE CITY OF NEW YORK v. DAVID D. FAIRCHILD THE SAME v. JOSEPH E. ALLEN
- Status
- Published