Burrell v. Bennett

Citations

• 20 Wash. 644
• 56 P. 375
• 1899 Wash. LEXIS 217

Syllabus

<p>INSOLVENT CORPORATIONS—FRAUDULENT PREFERENCES.</p> <p>A pledge of collateral security, given by an insolvent corporation to secure a pre-existing indebtedness, constitutes a fraudulent preference as to other creditors, where the secured creditor had knowledge, or, from his relations with the insolvent corporation, must be presumed to have had notice, of its condition.</p>