Barclay v. Edlis Barber Supply Co.

Citations

• 39 Pa. Super. 482
• 1909 Pa. Super. LEXIS 514

Syllabus

<p>Receivers — Set-off—Contract—Affidavit of defense.</p> <p>1. A receiver can acquire no greater interest than his insolvent had in the estate; and choses in action pass to the receiver, subject to equitable right to set off existing debts at the time of his appointment.</p> <p>2. Damages arising ex contractu from any bargain, may be set off under the defalcation Act of 1705, 1 Sm. L. 57, whenever they are capable of liquidation by any known legal standard.</p>