The Legal Reporter; A Monthly Publication of the Recent and Important Opinions Delivered by the Supreme Court of Tennessee, Together with Other and General Legal Information Volume 3

The Legal Reporter; A Monthly Publication of the Recent and Important Opinions Delivered by the Supreme Court of Tennessee, Together with Other and General Legal Information Volume 3

By (author) 

List price: US$22.74

Currently unavailable

Add to wishlist

AbeBooks may have this title (opens in new window).

Try AbeBooks

Description

This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1879 edition. Excerpt: ...2. SAME. Same. Chose in Action. To be subject, however, to the creditors, if a, chose in action, the proceeds must be reduced to possession of the wife, and be so in possession of husband when the proceeds attaches to or is fastened on it. If the wife has money in her hands, proceeds of her real estate, and loans it to a firm of which her husband is a member, taking notes for it, this debt cannot be subjected to her husband's creditors. It is a chose in action not reduced to possession in that form. 3. SAME. Same. Same. So also, a debt purchased by the wife with her money, arising from her separate estate, is not subject to her husband's creditors. 4. SAME. Same. The wife held entitled to receive proceeds of trust property conveyed by husband's firm to secure re-payment of money loaned to firm. Under facts of this case, see Embry and Young v. Robinszm, 7 Hum., 144, Coop. Ed. FREEMAN, J., delivered the opinion of the court. This bill is filed by complainants as creditors of E. Mann'& Co., a firm composed of E. Mann and W. T. Mann, seeking to subject certain property, both real and personal, in the County of Knox, to the payment of their debts. Ve do not understand the claim of the bill to be insisted on in argument here, sofar as the real estate is concerned, and need not notice that aspect of the case. The real contest is, as to the claim of the wife of E. Mann to the sum of $2,940.65, and to a debt against the firm in favor of Vood, Marsh & Co., of Philadelphia, which has been bought by Mrs. Mann, or her pro rata of these debts, under a deed of trust made by the firm to one Barnes, by which the assets of the firm were assigned to be sold, and proceeds applied pro rata to their debts, the two mentioned included....show more

Product details

  • Paperback | 112 pages
  • 189 x 246 x 6mm | 213g
  • Rarebooksclub.com
  • United States
  • English
  • black & white illustrations
  • 1236881834
  • 9781236881830