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62 Ill. App. 70

Stoddard v. Gilbert

Appellate Court of Illinois

Decided January 22, 1896

Appellate Court of Illinois · decided 1896-01-22

Replevin.—Error to the Circuit Court of Cook County; the Hon. Ellbridge Haneoy, Judge, presiding. Heard in this court at the October term, 1895. Statement of the Case. For several years prior to the 15th day of April, 1893, David A. Titcomb and Elbridge S. Pratt, copartners, had been doing business under the name of Titcomb & Pratt, in the city of Chicago. On the 15th day of April, 1893, a deed of assignment was filed with the clerk of the County Court of Cook County.

Cited by 2 later decisions — most recently May 1897

2 state decisions

Relies on Howe v. Warren · Terhune v. Kean · Heffron v. Gage

Good law ✅— No negative treatment on recordhow we know

Affirmed · Decided 1896-01-22

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Mr. Justice Waterman

¶1delivered the opinion of the Court.

¶2In the case of Warren v. Howe, 44 Ill. App. 147, this court held that the discontinuance of insolvency proceedings by order of the County Court left all parties where they stood at the date of the assignment; “ that is, left the assignor the owner of the assets, subject to whatever liens by way of judgment or otherwise existed thereon.”

¶3In Howe v. Warren, 154 Ill. 227-247, the Supreme Court in speaking of such an order of discontinuance, said:

“ Upon the discontinuance, the duties of the assignee necessarily cease, except so far as may be necessary to remit the parties to their rights as they existed before the assignment, in respect to the residuum of the estate. Upon this being done the debtor again has his estate, except so far as administered, liable to be taken in satisfaction of his indebtedness, precisely as if no assignment had been made, and each creditor stands upon the same footing of right to proceed against such estate as such right existed Avhen the assignment was made.”

¶4In Terhune v. Kean et al., 155 Ill. 506, the ruling in Howe v. Warren is approved.

¶5It is true that in those cases, by the course of pleading, it stood admitted that the discontinuance was in pursuance of a scheme to defraud creditors, but the decisions are placed upon the ground of the language of the statute. Indeed, the statute so plainly declares that upon a discontinuance of the proceedings “ all parties shall be remitted to the same rights and duties existing at the date of assignment, except so far as the estate shall have already been administered and disposed of,” that it is difficult to see how the holding could have been otherwise.

¶6The judgment of the Circuit Court is affirmed.

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