, 1869-05-22
tine COURTS or LAM AND EeslIv.
Supreme CoRFt.

,loAn Lyle Kisg It a. F. Dtnni. E+aea <t al |
eed . sall IN chAncety against pla!nt,T In error,
1utothe1s, for the purpose Of reaching a-fund IN
e IL e. Se' @ q
aa7inst Riehati r. Aorgan A humber Of creditors
cat1e IN md lled btiis to be permitted to par
% ssaspmsnt ~ oT Morgan @ % ot he c!sam out Of. which
the fund xM pro6nced WIS fraudulent IS to Nor
gan1 uchnurA The case was decided Sc far 81 II
rrt:ted to BestGr3 claim It the September term,
1s6;, but ane cToes errors Werc not then tisposed
Of II the abstract did not a we supposed. present
itua taeae.: nferres ihas they wc1e not rraed up-
ca, and wect overlooked. But on ptdtinn for 4
rehesztng for the purpose Of = full understanding
Eooke1ca1et1l]y into tho record, and now present
the ennclus4nns al which We haso arrived on the
II appca.s tTem the recorI taas Morgan t1sd re-
coyeEe:ia Judgment II the October term lsss.' IN
the United States Circuit Court for the Nozths1n
fAirnao COMPANY, for The sum oi sso1oe: =
prrs!nus tai - had IN the case. upd reH tst2l
~ s ~ 81 e ~ so1saa
alSned the Judgment to Beach i pec1ham ~ an
inst1un1ent Of ttAt date, absolute In terms hut
lrditoAof. .AorTaa III SUMS kpccttesl and Peck
ha1n Mxsto receive certain SUR, and the re.
Heaca Apectasn ao;es s gSen to aofEas e "a s pa1t
Of &c confederation for the Asaignnent.- Beach
rsckhan nSe e Morgan ~ a. instrument y. =, A IN
ton "a zAA then agreed between the parties, md
gave theis notes for the balance. Tho Judgments
sr9eane nse1 aRsnss ~ aasan s,aousa ahs
previously recovered, were not embraced in the
agreement 1or distribution entered Into when
The copf1 besow tas1nissed 1heE pcti.oE--anu tna
cross et1ozx sssstt1n faa coz1setnsA d saas 10
It urged that a the assignment Of The lrd9-
rsent the notea e1ecuted to MnHanr and the
asree1nent; iat distribution Of tne> psooscca Al
AS,t9 Rf thA KNt-eS4 f1nrS
that tths scsetEaiou of portion of the fund 70.
Morgan. The aketgnnr rendered the assignment
have i ses aslae md % be perinitsd to psiepaia
the fand. The authorities ~ 70 to tho length
H. n ssS'i 1a epets r e e
ors. ths1 reservation Of my portion Of ste fund.
10 the exclusion Of the creditors, Tende16 the as-
nd G a5al:lsd Bas pro1isioa :hat ny PORTION. 81
| the fund which shall re1sin e1er all f+Gbls arc
paid shall te refunded b1 the assignee does not
| Tho question then presents it1eH whether this
Has a. astgnnaens OF that ch 1ract&E and ust ne
eoiheT raies I'D i to be goss1nsa Is e a,ssssat r
rstnetsiea All sz1nness ans ssalGnmeata Of .eau-
meIsis; psper are ouialce q NE MIA Gprexrsaez
| an The same is tue IN rtlxcuce 70 Mpft Il mt
an. a1Asnmcns Q! judgements enai11cts t0d
ehaas or our statute So fsr As oaTss5rarchea
haze gone 6e hare not b: N 25le to 1aa ihat the
doctrine EosefnlnZ EcnerA assignments. has neen
general rule person raaJ transfer eksss sn &c
t,., a1a stpu!.ie sos ~ psysss q - Pries
% s. esre.. xiSoat 1snIestnx ID r R y
E7aduleut as to eredifas.- Tnls .a.cefta.uiJ true
q nesotsaole paper, saa M na1s: :asRz aeazd 4
s.sn ssa''01sa q 'eas eser1ue 1e:e g aA hiii 81
N payment Of hA dsat WITH a aE1denent snai
'espss ns e wfa s = a. &c
mar be tnsofrcut md largely INDEBTED % othe1
! ersons, !. Is b*ss5ed thas tac. hoats aaora %
4 TRANSACTION \, Ills t,ud Is ass azalogous b 4
prtns assy % nj a!s Q aastel
sll the debtor ,pEopeItJ fer ae bersci Q! etedt
tors bat 70 si7plJ se1l chg in acfion nd % p:o
~ the purrh,set. The dehtor ass he unt3ubset
right 10 sell 4 judgment trf 1one1, pFupettl
thrAes t" oelas OF n paJns3t d debt due to "
interest Il q Judgment a persans having aiso Il
interest q 4. and resetve Ter notes for
| raJ o.t q he sspeeeds nnea eollec. .
nc bsassee Of hls stete to eee5Hor: portion 2 2
them a1orneys, Hho sssl*teo nm 70 recover tat
Tnscs 1ee jadgnent -. nht1ned- saea e'a,sc. =
ssnast s sleasa; ]; x,!e;3s e Fale o0n'eade4sf
I. does not fo1Ios tnst eeeause payers had y !,
r.aee TO evidence the contract. which declzcY III
y En- Il rS1ssa ~ @ 7
E aen,, and must Se governed ny the rutes apple
a E7en II It IS Eae ssst Moran WIS tn.oa1eat u
pay Is debts, 1e AZ unable 70 see thas # al1el
: tte character Of thu transaction or tst ngnk3 I
= the parties II An nsoiyens debtor se,d not
Re could, undertaoly, sell r. ,<, %
ses .snr 1sss q p.2 2Jscas Dss'cpaa crep ~
= nlsht fave 40 other properly OF e!eets, and
: e1.ted aas sse n5oney patd 70 sasa. cTeiaor Oh
A. creditors could not compel tue ttCstee TO pay u
amouas thus rece!Ied, On ttet1 dests. not COZ
1t eordiax to the agreement Of The parties. Such
le creditor would hA1e an equitable i.en that Won
+ rot ps dsfessed 4 The transaction md h!s ca
I, tn. rotea ind tne3 have ben tsfea up bg Bsa
as Ptckhau. thtEe u no funds IN their haods LIZ
- be reached BY the pettEnn OF The creditors; q
x do not perceive that ths eoaH heioF esIsa - ~ u
missing these czrtttors' bNs, sod the decree tai
cs ee fC1rmtd-
X ratted Stairs circuit coarr.
s 1rsP Wetmore 7. John Iail.i The a. soeH -,
= eug1gtd in the cocnnI alton o. nS tnaH ~
~ poaet, Of an eiecsment fH!t msetrhH z u - rss
ed the u.hxest aas1tss q seen1a ~ a. ~ serefa
a esi T orcSt!ons r9ises 81 tne record n taA q.
I'D fhe counsel xcsc Jc::erda! pssseat1iaR ne ~
tee ar,isnt deta III, q deed date and record
t1enty.rfue Tsals ago. and II Is oteseI I'VE
rropts,J EecoEded TIER : 70 p9o. 4iga II
There the deed las been flpm ~ nme ~
re.o,, uuiA The trial commenced. fosseSas ~
"a va ,.Sen bJ defendant II 1854 under tais se'
~ nc question IS wnesner, unde1 these facts Il
pF- tf ItAa =! g ~ NJ raee Il This Tht
at ne fec Is vested In married Kouan ant 1hs
-. teThushAtd taYe conveyed the land to pains
- - lie te!ena.rt EartaG the POSSESSION reluEea
80 lie statute Of Limitations, whether the pl9la
An; t;se grantee o1 married Eonanl can fecoTes ~
Srr lssd 1sder the PROVISIONS Of the stasaf q W
No.
LIE # TmItaiions d 1854 The plaintiff cla!ns :
80, lie statute dtd not run aZ10st tic Ne0l
sble &hu toa4 oJ 4o -. ~ nts -f1ht ~ en.yy
ME Gut1eA tle H3tt10 exa-aa ~ =. ~ e,I.