Perry v. Coates

Decided March 15, 1813

Massachusetts Supreme Judicial Court · decided 1813-03-15

<p>Notes of a banking company in New Hampshire, which had been refused payment at the bank, were holden not to be goods, effects, or credits, of a principal debtor in the hands of one summoned as his trustee.</p>

Good law ✅— No negative treatment on recordhow we know

Decided 1813-03-15

How this case has been cited

Cited by 12 later decisions — most recently March 1946

1 district · 9 state decisions

Later decisions citing this case, by decade. The current decade is in progress, and our corpus holds fewer opinions from the most recent years, so the latest bars are undercounted — not a real decline.

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By the Court.

¶1In the case of the Maine Fire & Marine Insurance Company vs. Weeks & Trustees, (1) we decided that negotiable promissory notes were not capable of being seised and sold upon execution ; and that one possessed of such, belonging to a debtor, was not in virtue thereof liable as the trustee of such debtor. The bank notes, in this case, are but promissory notes negotiable by delivery. The same reason applies to them. Choses in, action are not goods, effects, or credits, within the statute, (a)

¶2 Trustee discharged,

¶370-6"> 7 Mass. Rep. 438.

¶4 [See Rev. Stat. c. 97, § 21. — Ed.]