, 1879-06-10
THE COURTS.
Important Decision Relating to the
Assignment. Of Agreements.
Trouble Between tho Partners In q Com
meroial " Bucket Shop
E1.roAuaster ntlthnr's Deposits in Tho Defustt
c.ak esunty National Bank.
New 6ustu, Judgments. Confessions,
nivoAces, Etc.

V"t3st As*ea
Judge McAllfstcr ycstarday flied nn opinion
Ia the case Of C1ark ,a.\Blowctt, containing n
question Of some importance. Tic Judge anftl:
Tlse tacts arc eontainetl IN at agreed Casc.
Upon lcasc ,tnlcr stal The landlord BY tulorsc-
,nent not under seal Tor valnablc consldcra-
tton transferred niue monthly lnstaltmcnts Ut
$25 each to thereafter como luc TO plaintiils.
Tic tenant (dcfendara}, on being told Of It, re-
piled TINT II made no difference to lin, that hu
would us SO OIL par his fsnt to plaintiffs as to his
landlord, md when the hext nslnl1mcnt can,c
due he paid 1t to plaintiffs, tue asstgnces. But
On being notified By his syut'sord not to
\aY any moro to asstcnees lie refused to pav The
later, and did, in fact, paJ II TO- tho former,
nnA> tie assiguees brought this sstt for the
months rent. Thc assignment, ttonEa not un-
der ali, passed tho equitable title to uac rent
10 the >,laint!ls ard defendant, after 1sviug
hcen notified Of It, raa not iustifable In patug
these nstalments to the Lessor. {Taylor'a,
Landlord ana Tenant, Bee. 42s.) But the qucs-
tton is, Can th& asslgr,ees maintain suit in their
own na1nc1 In such cases Of an equitable ns-
Bfgnment the ru1e IL TINT tho suit ut inv must
always bo brougls In the name OF the
assignor, unless tia dcbtor Inns promised
to my the assignee. II the debtor haa assent
cd to the assignment, aud expressly promised
to pay tile assignee, the action may be brought
tu tic name of tl!t asslgnes, The obliEor Iii Il
bond may bo sued fn assum1sit upon promtsu
70 pcIiotn, MAGE o5 nm ,,, TO an assignee there- r.
own name. (Chttty on Contracts, 1J3.) TIC
promise oi the dobtor 10 pay the assignoo may
DO inferred from tho circumstances and nets Ut
the parass' m Whcn the ifat'eier 1 of assiEIlncnt ~
must pay the next nine tno1ithly inBtAlltncnts
70 INC plalnt'H, nnd uc1endant re-
ullcd: IL MaKes no atuc3enco
10 me; ~ l1at as soon pay ny
rent 70 tf as 70 ;ar.a an is imi II 'a @
ne1s insta!!naeht 20 r,uhtats. llas; thlhk, IS
Buueient 70 Ha1lnns t4e 1nlescnSo .! an nApecas
promise by detSnahht 20 Pay t lhe instruments n
u anesuon 70 tne n!ahilla. ing AhallE VII
o. LOT re- t niasnts, ~ aanascs s'o' lor "nicn
1uusuien1 VIII oo ootcFeo'
THE CHICAGO GRAIN rHoyis1oK EXCHANGE.
Talcott Ormsbce. Henry r. Green. Jr, anil
tho Chicago Grain s. Provision Exchange flied a
Bill Yesterday In tho Circuit Court against
Charles r, Qoxey to prevent him from carry.
f;1c out threat OF, closing If, tie
CoInnony'e Business, They stats that In
January last Ormshcc, Green, md Doxcy asso-
r}ated themselves together tu tho business OF
bco ui,tl Green furnishing experience, and Doxcy
canita1, They soon after pltutucl n chattrr
under the nafna 0[ tie Ihicago Grain & Pro-
vision Exchange, md Doxey was elected Prcsi-
HG{it mt TREASURER, ljffn9DEE VICE. PRESIDENT,
And GEcen Secretary. Doxoy was to rpcclyo no
tnteteet on llls loall' oltt vas 70 Ect larger
snaie oi tnc pfoats, Isia u3S otners were 10 haye
saias1eA lor taell Survives: Duytneeh was npelet,
hna u proved 80 proitaole tllat !ie Cotnnany
@ haa DOL feHn"ea une ,oah ansaneea Dy Ooxer,
Milu Ans Ionu fouuu sum III
~. Canatlian Dank Of Commerce:
noAest contrary 70 "IrcGheut. asu MOI aehosit
the sum fecetSsn as treasurer 70 tic bank In
ane nant nnv o. 'ie 1 Ss'aaEe Is M nut 10 a own ordGr
@ s q @ II ' M 10 .e,,n s ntA 0. afa n IN, n
Meecntf Ormoeo atnl nfeen aaee necn aei'oslt-
hE tt'e luH'lahya NAoAey. themselves III Ills
,as y. .mS eon'aI, "!.! LIE unac1sta,is
t,,s ~ nus W. H., " uxectt IN 1t,e asa
ttrs a. At e%st . t%o w., nseeos; po1ry ns atcy
discovered TINT ie business u e1cecdlilGfy pros
% peinus a!l.. tu!nunssatase M Mit i'as heeh making
tr,o"T tia,, at'"as to ect eontro, o. nc CORPORA
a"m. a.9s Ga.heuay nG Eage Gat tat he naa
assnngeu .,Ia WIN uae Caaaaiaa ltahk 81 commerce
~ tnn1 si!t CUtnpanye !unos enua not pe With
osann Watl!o4t III llss consent. inc eomrtainn'ts
T., .nt uoHg' hnoI'u bueecea ~ uolnE as
~, ~ Hsas H. "onu ~ n'enk up 'ho business u
te n1sl'atec, alns llot Only damage t!ie'n, hut
,i'.. ,nieoa.mouo ahl ln'nse 1he many enhtnh'eFs u
tne corporation: They therefore nskcti that
nune5 LIZ shou!A ne fcstralned lrout interfering
t Ramk ~ uuaunw' " ILL., " ''iG w. enpny ~
tils company. otlet linn In tts ordinary mud
usuai course o. business ns hc!sto!ote carried
on; aMs inJqnctaon wy Gsaatea Dy Judga Far
"''' aauo' - uo'o ~. fl'o'". ..,..
As 1ouA e,uNEt NATIONAL hANh'
duugee liarlaf', utummond, nnl Hlo1gctt snt
loEetner YESTERDAY morning to flsnr ihs arC!,.
nent On thc demurrer u, thu easc Of The United
staies ei W lAe Gpoa County Sa.ltn,a! Hank.
MeAsihur, when fostnaster. NJ u wcll known:
ueposteu the tost-uif!co tnnis Y thls bankAns
WHen u IaNca he saa at3t''at gu, Mo there. Tttc
Government suoseslt'untly sold The bonds VI tic
pans on neppB!t Ut Washintton to BrctIse tho
banks notoe, anA reimbursed Itself, nsld still
nAu sAFpaa !co'alaihs' rae tiHeKttoi rnlHt'd
bY the p'cadings VIVA whether this surplus
sAouiu be appropriated 10 the debt tlle bank
owga ulo uoseFnrnant or whether 1t belonged
70 ulo eehttal Gfedfors Of tic uallk. There Is
PROVISION made bv tf!e Banking law aa to the
manues u Which the l!hdB ol MI isisnlrclit
panA saa!l 70 o!stylhntet' and the point Vas
Hnetacs tAe law Of I'H7, Which declared that, in
cases ol insolvency or baEr1lpscS, wllcro tllcrc
WEE uebt uae from The tnso!vent to tho toy
crnmeht, tnat TIC latter should lAye priority
oySI @ tAe olhef efed'tors,-W!lctE1er that iaw 0f
l!v1 was repealed by the National Banking law,
Whtrh provided tt!u manner IN which tIlu aasutB
Of a. National bank should hc distributed.
Iha question has been dgcided different
Ways ~ different Attorney Gc.crala of tle
government, htl'l t1lc department ut WnshlI,v-
ton nave been anxious to have the tluestun set
tied as soon a. .puss[ble. The slit Is really
ffkf. f fxA- IT,