Newman v. Black

Citations

• 73 Miss. 239

Syllabus

<p>Assignment fob Creditors. Pci/rtial assignment by its terms. Property omitted therefrom. Exempt property. Preferences. Code of 1893, § 124.</p> <p>A merchant’s assignment of all his mercantile assets, worth not exceeding $2,500. that is a partial assignment by its terms, cannot be treated as a general one on the ground that it includes substantially all of his property, when 168 acres of land, two head of cattle, $175 and certain exempt property are omitted therefrom; and the preferences created thereby are not void for noncompliance with the statute in relation to general assignments.</p>