Robinson Bros. Shoe v. Knapp
Robinson Bros. Shoe v. Knapp
Opinion of the Court
The- appellant was a creditor of F. A. Brasted qn August 1,1891, in the sum of $933, and the said-Brasted,
At tbe time this order was made there had been no assignment- of tbe debtor’s property, or appointment of an assignee. Tbe petition was evidently beard by tbe court' on tbe strict legal rights of the parties. This case is ruled by Mowry v. White, 21 Wis. 417. Tbe same statute there considered is yet in force. It is claimed by tbe learned counsel of the appellant that the attachment created no lien on tbe property. It is not well to be technical on that question, but to consider the facts, as they are. Tbe property bad been sold and converted into money, and tbe money is held by tbe court to await tbe judgment in tbe attachment; and the question now is: Have tbe other creditors of the insolvent debtor, represented by tbe appellant, a right to their money superior to that of tbe respondent under bis attachment? If they have not such a right by virtue of tbe filing of the petition of tbe insolvent debtor, then they have no right to interrupt, delay, or stay the respondent’s attachment suit.
The learned. counsel of the appellant says in his brief that by the statute (sec. 4298, R. S.) the assignment in the insolvent proceedings of the debtor’s property “ vests in the ,assignee all the property of such, insolvent at the time
I shall not follow the learned counsel on either side in considering cases decided elsewhere, when the case is so clearly governed by a former decision of this court. That .case has become a settled rule of property in all such cases. We are satisfied that the case was decided correctly, and we shall follow it in this case.
By the Court. — The order of the circuit court is affirmed.
Reference
- Full Case Name
- Robinson Bros. Shoe Company v. Knapp
- Status
- Published