Moon Bros. Carriage Co. v. Waxahachie Grain & Implement Co.
Cases that cite this one
2 later published cases cite this decision.
- Zorn v. Brooks (Tex. 1935)
- General Electric Co. v. Canton City Ice & Light Co. (Tex. App. 1911)
This list shows which later cases cite this one. It does not say how they treated it, and no review of that has been done. Not a substitute for Shepard’s or KeyCite — verify before relying.
Opinion of the Court
In the case of the Orr and Lindsay Shoe Company against R. H. Thompson, recently decided, we held that, after a corporation becomes insolvent and ceases to carry on its business, creditors cannot acquire a preference lien upon the assets by attachment or other judicial process. There are expressions in the opinion of the Court of Civil Appeals in the present case which conflict with this view. But we are of opinion that the case was correctly decided and therefore the writ of error must be refused. The corporation in question in this case, though insolvent when the attachment issued, had not ceased to carry on its business in the usual course of trade; and, in our opinion, the point had not then been reached when the property of the corporation could be deemed a trust fund for the benefit of all its creditors alike.
The application for the writ of error is refused.
Writ of error refused.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.