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1 Paige Ch. 615

Stilwell v. Van Epps

New York Court of Chancery

Decided October 6, 1829

New York Court of Chancery · decided 1829-10-06

The bill in this cause was filed by judgment creditors of H. Y. D. Yan Epps, one of the defendants, after their fi.fa. against him had been returned unsatisfied, for the purpose of reaching a fund in court alleged to have been fraudulently assigned by him to the other defendant.

Decided 1829-10-06

¶1*616The Chancellor :—The complainants having taken the body of their debtor in execution, could not proceed against his property at law while he remained in custody. (Horn v. Horn, Ambl. R. 79; Jackson v. Benedict, 13 John. R. 532.) The bill filed in this court to reach the equitable assets of the debtor is merely in aid of the legal remedy, and that remedy being at an end, or at least suspended, by the voluntary act *of the complainants at the time they filed their bill, this suit cannot be sustained. The plea must, therefore, be allowed.

¶2A supplemental bill will not aid the complainants, because they commenced this suit when they were not entitled to any kind of equitable relief; and the subsequent assignment under the insolvent act has transferred all the interest of their debtor to the assignee for the benefit of the creditors generally.[1](Candler v. Pettit, 1 Paige’s Rep. 168.) The application for leave to file a- supplemental bill is denied with costs.

¶3 See 2 R. S. (4th ed.) 203, sec. 33; Bailey v. Burton, 8 Wen. 348. Property fraudulently conveyed by an insolvent debtor prior to his discharge, passes to the assignees, although not mentioned in the inventory. Ward v. Van Bokkelen, 2 Paige, 289; Roseboom v. Mosher, 2 Denio, 61.

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