Bristol v. Mills

Citations

• 14 Pa. Super. 107
• 1900 Pa. Super. LEXIS 22

Syllabus

<p>Bankruptcy — .Sale of personal property — Payment into court — Feigned issue — Title in trustee.</p> <p>Money is one form of property, and as such should be transferred to the trustee in bankruptcy where in a feigned issue the trustee would have been entitled to judgment had not the property been sold by the sheriff under order of court, as perishable property, and the proceeds paid into court. It would be “ sticking in the bark ” to say that because the bankrupt act of 1898 does not in specific terms give the trustee the right to money arising from the sale of personal property, title to which passed as of the adjudication in bankruptcy, that therefore the general creditors should be deprived of the benefit of the provisions of the act and that an execution creditor should profit by what is declared to be a fraud against the general creditors.</p>