Bacon, Baldwin & Co. v. Jos. Horne & Co.

Citations

• 123 Pa. 452
• 16 A. 794
• 1889 Pa. LEXIS 668

Syllabus

<p>1. An assignment for the benefit of creditors, made in another state and executed in conformity with the laws of that state, will pass title to the property of the assignor in this state: Smith’s App., 117 Pa. 80.</p> <p>2. The property of a foreign assignor situate in this state, however, is subject to foreign attachment at the suit of a resident creditor having no notice of an assignment thereof, unless the latter has been recorded in this state under the act of May 8, 1855, P. L. 415.</p> <p>8. But where, at the time of the assignment, both the creditor and the assignor are residents of the foreign state where it is made, the creditor may not come into this state and seize property of the assignor in a suit in foreign attachment: Chemical N. Bank v. Tuttle, 17 W. N. 415, explained.</p>