Tabb &c. Co. v. Gelzer
Tabb &c. Co. v. Gelzer
Opinion of the Court
The opinion of the court was delivered by
This is an appeal from an order of his honor, Judge Watts, refusing a motion to dissolve an attachment. The motion was based upon two grounds: 1st. That the attachment was irregularly issued. 2d. That it was improvidently issued. And the same grounds are urged in support of this appeal.
But the contention on the part of the appellant is that the further essential fact that defendant has assigned or disposed of his property with intent to defraud his creditors, does not appear from said affidavit. It is stated in the affidavit that the defendant has already disposed of a very large portion of his property with intent to defraud his creditors, particularly the plaintiffs, by giving mortgages, four in number, on his entire stock of goods, for far more than their actual value, the particulars of which, dates, amounts, maturity, and when recorded, are particularly set forth — none of which, except the last, were recorded in due time, which was executed on the 15th of December, 1893, and recorded on the 5th of ’January, 1894; that as soon as affiant, as one of the officers of the plaintiff company, learned that these mortgages had been executed, to wit: on the 5th of February, 1894, he called upon defendant for an explanation of these large mortgages, covering the great bulk of his property, and was at first met with evasive answers, but finally defendant admitted that two of these mortgages purported to secure the payment of amounts much greater than were really due, and
We do not think there was any error on the part of the Circuit Judge in refusing the motion to dissolve the attachment upon the ground of irregularity.
The judgment of this court is, that the judgment of the Circuit Court be affirmed.
Reference
- Full Case Name
- TABB &c. COMPANY v. GELZER
- Status
- Published
- Syllabus
- 1. Attachment — Irregularity.—An attachment was not irregularly issued where the affidavit upon which the warrant was based set forth plaintiff’s cause of action and affiant’s belief that defendant was disposing of his property with intent to defraud his creditors, as shown by his executing mortgages on his stock of goods in excess of their value, his evasion of explanation, and his admission that two of the mortgages were for more than the debts intended to be secured; and by the fact that defendant was carrying on his business without profit and depleting his stock, from which alone plaintiff can realize their debt. 2. Ibid. — Ibid.—Mortgages.—-A chattel mortgage, after condition broken, will be regarded as an assignment or disposition of the property covered thereby, within the meaning of the attachment laws, and a proper ground for an attachment if executed with fraudulent intent. 3. Ibid. — Improvidence.—The findings of fact of the Circuit Court in declining to vacate an attachment on the alleged ground that it had been improvidently issued, approved; and doubted whether this court can review such findings.