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100 Mass. 498

Halpine v. May

Massachusetts Supreme Judicial Court

Decided November 15, 1868

Massachusetts Supreme Judicial Court · decided 1868-11-15

<p>A deposit of money by A. with B. for which B. has given the following receipt: “ Received from A. $5000 for the purchase of stocks, for which I agree to account for on demand,” is not shown by said receipt to be such a trust as to constitute a fiduciary debt, which would not be barred by a discharge in insolvency.</p> <p>In an action in which the defendant denied his liability and also pleaded a certificate of his discharge in insolvency, a bill of exceptions stated that, “ by agreement of counsel, they tried before a jury only the issue of the validity of the discharge," and that the verdict was for the defendant. The record did not show that the cause of action was a fiduciary debt. Held, that after verdict it was too late for the plaintiff to show that the debt was fiduciary, and so not barred by the discharge.</p>

Cited by 2 later decisions — most recently September 1918

2 state decisions

Relies on Chapman v. Forsyth

Good law ✅— No negative treatment on recordhow we know

Decided 1868-11-15

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Gray, J.

¶1Upon the facts stated in the pleadings and bill of exceptions, the plaintiff’s claim appears to have arisen out of a contract of bailment or agency in the ordinary course of business, and not upon a trust of such a character as would constitute a fiduciary debt which would not be barred by a discharge under the insolvent law. Chapman v. Forsyth, 2 How. 202. Hayman v. Pond, 7 Met. 328. Wolcott v. Kodge, 15 Gray, 547. Gen. Sts. c. 118, § 79. All considerations of law and fact, not appearing on the record, and bearing upon the question whether this claim was barred by the discharge, should have been presented at the trial, either by replication, or by offer of proof and amendment of the pleadings, if necessary'; and could not be suggested after verdict, unless reserved by leave of the court for subsequent consideration, which does not appear to have been done in this case. The statement in the bill of exceptions that, “ by agreement of counsel, they tried before a jury only the question of the validity of the discharge,” is explained by referring to the pleadings; and evidently means that the trial did not include the question of the defendant’s original liability, as put in issue by his first answer, but was confined to the issue of the discharge *500in insolvency as set up in his additional answer in the nature of a plea puis darrein continuance. This issue involved all matters bearing upon the question whether the discharge was a bar to the plaintiff’s claim. Exceptions overruled.

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