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169 Mass. 291

Hall v. Haskell

Massachusetts Supreme Judicial Court

Decided October 20, 1897

Massachusetts Supreme Judicial Court · decided 1897-10-20

Contract, or tort, under Pub. Sts. c. 157, § 96, by the assignee of the estate of George M. Underwood, in insolvency, to recover $400, alleged to have been received as an unlawful preference by the defendants from the debtor within six months before the filing of the petition in insolvency. Trial in the Superior Court, without a jury, before Bishop, J., who allowed a bill of exceptions, in substance as follows.

Decided 1897-10-20

Barker, J.

¶1On December 3, 1895, the debtor, owing the defendants, sold his stock of goods and received in payment from the purchaser some cash, the assumption of a mortgage, a promissory note, and an order for the sum of $400 drawn in favor of the defendants and accepted by the purchaser. The cash, the note, and the order were then the property of the debtor. The order was on the same day taken by the defendants’ agent and was delivered by him to them, and was credited by them to the debtor as a payment upon the account which he owed to the defendants.

¶2It was competent for the presiding justice to find, as he did, that the order was given as and for a payment at the time. By this payment the order, which was the debtor’s property, was transferred to the defendants in preference, and the rulings refused were upon this state of facts immaterial.

¶3Exceptions overruled.

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