Jones v. Keesey

Citations

• 42 Pa. Super. 492
• 1910 Pa. Super. LEXIS 363

Syllabus

<p>Attachment execution — Trusts and trustees — Assignment. .</p> <p>Where a purchaser of a business agrees to pay the debts of the prior owner of the business, and subsequently executes a power of attorney, and addresses a letter of instructions to a firm of real estate brokers, authorizing the brokers to sell certain lands which were his private lands apart from the business, and to apply the proceeds thereof to the payment of the debts which he had assumed, no trust in the proceeds is created by the transaction in favor of the creditors, and the brokers cannot retain the proceeds when they are summoned as garnishees in an attachment execution issued under a judgment against the purchaser.</p>