Peterson v. Doak

Citations

• 43 Wash. 251
• 86 P. 663
• 1906 Wash. LEXIS 686

Syllabus

<p>Fkadulent Conveyances — Sales in Bulk — Ckeditobs. Where one is not shown except by inference, to have been at any time a creditor of the vendor of a stock of goods in bulk, it cannot be claimed that the sale was fraudulent as to him as a creditor for failure to comply with the sales in bulk act.</p> <p>Same — Pbefebence—When Not Sale In Bulk. A failing debtor may prefer one of his creditors by transferring to him his stock of goods in bulk without complying with the “sales-in-bulk” act, where the stock was of less value than the preferred debt, there being no sale in bulk within the meaning of the act in such case.</p>