Olwell v. B. L. Gordon & Co.

Citations

• 40 Wash. 185
• 82 P. 180
• 1905 Wash. LEXIS 957

Syllabus

<p>Fbaudulent Conveyances- — Sale op Stock op Goods in Bulk— Cbeditobs. A sale of a stock of goods in bulk without taking a statement of the names of, and amounts due to, creditors, is void as to creditors, under Laws 1901, p. 222.</p> <p>BANKEUPTCY-FbAUDTJLENTLY INSTITUTED BY VENDEE OP BANK-</p> <p>eupt — Demand poe Goods — Delay. Where a fraudulent vendee of a debtor, after losing the goods to the creditors, fraudulently instituted an involuntary bankruptcy proceeding against the debtor, in which the creditors do not appear, and the trustee delays for more than a year to make any demand for the value of the goods, nor until it is too late for the creditors to file their claims, the trustee is estopped to prosecute any action for the recovery of the value of the goods.</p>