 It is not enough that a creditor has some cause to suspect the insolvency of his debtor; but he must have such a knowledge of facts as to induce a reasonable belief of his debtor's insolvency, in order to invalidate a security taken for his debt. To make...  Reports of Cases Determined in the Appellate Courts of Illinois - Page 395by Illinois. Appellate Court, Martin L. Newell, Mason Harder Newell, Walter Clyde Jones, Keene Harwood Addington, Basil Jones, James Christopher Cahill, James Max Henderson, Ray Smith - 1904Full view - About this book
 | New Jersey. Court of Chancery - Law reports, digests, etc - 1905 - 808 pages
...he must have such a knowledge of facts as to induce a reasonable belief of his debtors insolvency, in order to invalidate a security taken for his debt....altogether too insecure. It was never the intention Empire State Trust Co. v. Fisher Co. 67 Eq. of the framers of the act to establish any such rule. A... | |
 | Law - 1878 - 560 pages
...be must bave such a knowledge of facts as to induce a reasonable belief of hia debtor's insolvency, in order to invalidate a security taken for his debt....such a case would render the business transactions of tbe community altogether too Insecure. It was never the intention of the framers of the act to establish... | |
 | Law reports, digests, etc - 1925 - 1124 pages
...transaction. To let debtor's insolvency, in order to invalidate the mere fact of the bankruptcy of the debta security taken for his debt. To make mere suspicion a ground of nullity in such a case or within four months make the transaction involved voidable would be to create uncerwould render the... | |
 | William Alfred Luby - Bankruptcy - 1901 - 328 pages
...97 US 8o; Study v. Masonic Savings Banh, 1o8 U S. 74). "To make mere suspicion a ground for nullity would render the business transactions of the community...insecure. It was never the intention of the framers of the law to establish any such rule." [Grant v. Nat. Banh, supra) Both of the cases last cited were by the... | |
 | Appellate courts - 1901 - 822 pages
...he must have such a knowledge of facts as to Induce a reasonable belief of his debtor's insolvency. In order to invalidate a security taken for his debt. To make mere suspicions a ground of nullity in such a case would render the business transactions of the community... | |
 | Samuel Williston - Bankruptcy - 1902 - 682 pages
...he must have such a knowledge of facts as to induce a reasonable belief of his debtor's insolvency, in order to invalidate a security taken for his debt. To make mere suspicions a ground of nullity in such a case would render the business transactions of the community... | |
 | Thomas Johnson Michie - Law reports, digests, etc - 1906 - 868 pages
...debtor's insolvency, in order tt> invalidate a security taken for his debt. To make mere suspicion i ground of nullity in such a case would render the business transactions ofthi community altogether too insecure. It was never the intention of the framer> of the act to establish... | |
 | Law reports, digests, etc - 1910 - 1272 pages
...must have such a knowledge of the facts as to induce a reasonable belief of his debtor's insolvency in order to invalidate a security taken for his debt...suspicion a ground of nullity in such a case would render business transactions of the community altogether too Insecure. It was never the intention of the framers... | |
 | United States - Law - 1914 - 962 pages
...reasonable belief of his debtor's insolvency, in order to invalidate a security taken for his debts. To make mere suspicion a ground of nullity in such...transactions of the community altogether too insecure. It wis never the intention of the framers of the act to establish any such rule. A man may have many grounds... | |
| |
