McAden v. Keen
McAden v. Keen
Opinion of the Court
delivered the opinion of the court.
This cause, which is pending in this court at Richmond, having been there fully heard but not determined, this day came here the parties, by their counsel, ánd the
The coui’t is further of opinion, that a judgment creditor of the bankrupt, whose judgment is a lien upon any estate so sold and conveyed by the bankrupt, may claim and secure in the proceeding in bankruptcy his portion of the estate of the bankrupt, in virtue of his said judgment, without accounting or giving credit for anything on account of the lien of his judgment upon the estate so sold and conveyed as aforesaid.
The court is further of opinion, that notwithstanding such creditor may have so claimed and received in the ■ proceeding in' bankruptcy his portion of the estate of the bankrupt as aforesaid, such judgment creditor may, by a suit in equity, enforce the lien of his said judgment upon the estate so sold and conveyed as aforesaid, for the recovery of any balance of said judgment which may remain unrecovered in the said proceeding in bankruptcy; and that notwithstanding he may not, in the said proceeding, have asserted or given any notice of the lien of his said judgment upon the estate so sold and conveyed as aforesaid.
The court is therefore of opinion, that the circuit court erred in dismissing the original and amended bills of the complainants; and that instead of doing so, the said court ought to have proceeded to adjudicate the rights of the
• Therefore, it is decreed and ordered that the said decree appealed from be reversed and annulled; that the •appellee, Robert A. Walters, pay to the appellants their costs by them expended in the prosecution of their appeal aforesaid here; and that the cause be remanded to the said circuit court for further proceedings to be had therein to a final decree, in accordance with the principles herein-before declared; which is ordered to be. entered on the order-book here and forthwith certified to the clerk of this court at Richmond aforesaid, who shall enter the same on his order-book and certify it to the said circuit court of Pittsylvania county.
Decree reversed.
Reference
- Full Case Name
- McAden & als. v. Keen & als.
- Status
- Published