Armstrong, Cator & Co. v. Guenther

Citations

• 67 Miss. 698

Syllabus

<p>Assigkment fob Cbeditobs. Schedules. Provision for creditors not named. Discretion of assignee.</p> <p>An assignment for the Benefit of his creditors By an insolvent debtor is not void because, after providing for the payment of the preferred creditors named in a schedule, it directs the payment of the balance pro rata to creditors named in a second schedule, “ together with any other creditors of the party of the first part, who may have a just and legal indebtedness against the said party of the first part, and who may have been omitted from the said second schedule.” Such provision for creditors, who may have been overlooked, is proper.</p>