Shakman v. Schwartz
Shakman v. Schwartz
Opinion of the Court
It is not seriously contended that there was. evidence to sustain the claim that the plaintiff’s attachment was collusive or fraudulent; nor that it was not founded on a genuine bona fide debt for the amount claimed. The evidence abundantly established the good faith and genuineness of the debt and the good faith of the attachment. But it is claimed that the plaintiff’s attachment is void as against the appellant’s attachment, because it appears that the plaintiff’s debt was not due and payable at the time when it was issued and levied, and because it was levied prior toils date. The plaintiff’s claim was for goods sold by him to the defendant the Boston One Price Clothing House, and was due. On the day when the attachment was issued and
It is clear that the objection is merely a technical one, having nothing to do with the justice or equity of the matter involved here. The purpose of the proceeding by intervention in such cases is to have the attached property or its proceeds applied to the payment of the debts of the common debtor in the order of their priority, according to fair legal principles. Ordinarily, the order of priority is the order in which the several attachments have been levied. The fact that the debt for which a prior attachment is issued is not due is in some states good ground for intervention, but it is not in this state. Espenhain v. Meyer, 74 Wis. 379. The fact that the debt is not yet due, it would seem, can be taken advantage of only by the debtor himself. And his failure to take advantage of it could be no wrong .to a subsequently attaching creditor, even if the purpose of the debtor was to facilitate a preference of one creditor over other creditors. Such a preference is not unlawful. Landauer v. Victor, 69 Wis. 434; First Nat. Bank v. Greenwood, 79 Wis. 269. But if, in this case, the plaintiff’s claim was not technically due, that was by reason of an inadvertence merely, and not in accordance with the intention of the parties. To give effect to. the intention of the parties involves no violation of legal principles or of justice and equity.
By the Ooxvrt.— The judgment of the circuit court is affirmed.
Reference
- Full Case Name
- Shakman v. Schwartz, Intervener
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- Published