Crum v. Carrington Shoe Co.

Citations

• 72 Miss. 458

Syllabus

<p>1. PRIVILEGE Tax. Failure to pay. Penalty. Executed contract. Code 1880, \\ 589.</p> <p>Section 589, code 1880 {§ 3401, code 1893), while denying access to the courts by one for the enforcement of contracts made by him in reference to his business, which was being carried on without payment of the requisite privilege tax, does not prohibit the voluntary execution of such contracts, or avoid them when executed.</p> <p>2. Same. Eailwreto pay privilege tax. Debt of delinquent. Executed contract.</p> <p>Accordingly, where a merchant, delinquent for privilegie tax, sells his stock of goods on credit, and the purchaser, to secure the price, reconveys the property to a trustee for the purpose of selling and paying the debt, the possession of the trustee thereunder is valid as ag'ainst an attaching creditor of such purchaser.</p>