Bank of Hazlehurst v. Goodbar & Co.

Citations

• 73 Miss. 566

Syllabus

<p>Fraudulent Conveyances. Merchants’ deed of trust. Stock of goods. Retention of possession. Continuance of business.</p> <p>The deed of trust of an insolvent merchant, conveying his stock of goods and store accounts, is void as to creditors, when he is permitted to continue the business, using and selling the goods, and reinvesting’ the proceeds, under a parol agreement cotemporaneous with the execution of the deed. Roman v. RosMns, 56 Miss., 142; Joseph v. Levy, 58 Id., 845; Britton & Mason v. Greswell, 63 Id., 394; Tallman & Co. v. Tuttle Bros., 65 Id., 495, cited.</p>