Reports of Cases Decided in the Supreme Court of the State of South Dakota Volume 21

Reports of Cases Decided in the Supreme Court of the State of South Dakota Volume 21

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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. 1908 edition. Excerpt: ...is a corporation; that prior to the 24th day of March, 1905, the defendant Jacobson was engaged in business as a retail merchant at Arlington, Kingsbury county, in this state, and that said Jacobson was indebted to a number of creditors for goods, wares, and merchandise sold and delivered to him; that among these creditors was the plaintiff in this action; that in March, 1905, the said Jacobson made, executed, and delivered to the defendant James F. Jordan a trust deed, conveying to the said Jordan, for the benefit of such creditors of said Jacobson as might agree to its conditions and accept the benefits thereunder, all his property, except that which is exempt from execution. This trust deed is set out in full, and provides, among other things, that the said Jacobson, party of the first part, in consideration of the premises, has granted, sold, conveyed, and assigned, and does grant, sell, convey, and assign, to said Jordan, party of the second part, all and singular his lands and tenements, goods, chattels, and effects, claims, demands, and bills receivable, including books of accounts and other evidences of indebtedness, together with all collateral thereto belonging or pertaining thereto, except exempt property therein specified for the folowing uses and purposes: (1) To take possession of said property, and to sell and dispose of the same at public or private sale with all reasonable diligence and to convert the same into money; to collect all claims, demands, and bills receivable, or settle, compromise, and compound the same; (2) to pay and discharge all the just debts and reasonable expenses against, and charges of executing and carrying into efiect, the trust thereby created; ( 3) to pay and discharge in full all the debts and...show more

Product details

  • Paperback | 284 pages
  • 189 x 246 x 15mm | 513g
  • Rarebooksclub.com
  • United States
  • English
  • black & white illustrations
  • 1236738888
  • 9781236738882