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32 Me. 245

Pike v. Lowell

Supreme Judicial Court of Maine

Decided July 1, 1850

Supreme Judicial Court of Maine · decided 1850-07-01

Assumpsit, brought April 38, 1849. Certain persons were decreed to be bankrupts in 1842. The plaintiff was assignee of their estate. In said capacity he sold to one Bolkcom a demand against Stephenson, since deceased. The demand had been in the hands of Mr. Lowell, and prior to said sale, Mr. Lowell had collected the money ; but he declined to pay it over, except to Stephenson’s administrator, saying the demand never belonged to the bankrupt’s estate.

Cited by 3 later decisions — most recently August 1882

1 state decisions

Good law ✅— No negative treatment on recordhow we know

Decided 1850-07-01

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Tenney, J.,

¶1orally.—The distinction drawn by the plaintiff’s counsel cannot be sustained. There is nothing in the statute, from which it can be inferred. Limitation laws are arbitrary, but they are binding.

¶2Judgment for defendant.

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