Shannon v. Blum

Citations

• 60 Miss. 828

Syllabus

<p>Statutb of Fbauds. Trader. Property in hand Halle for debts. Sect 1300, Code 1880.</p> <p>Where horses are placed in the custody of a horse-trader, to be sold by him as a part of his stock, or in. such circumstances as to appear to be his, and thus furnish him a basis of credit, they become liable for his debts, under sect. 1300 of the Code of 1880, which provides that, “if any person shall transact business in his own name, all the property, stock, money, and choses in action used or acquired in such business, shall, as to the creditors of any such person, be liable for his debts and be in all respects treated in favor of his creditors as his property.”</p> <p>Semble, that where property is placed in the hands of a factor or auctioneer to be sold, in the usual course of his business', for the benefit of the owner, the statute quoted would not apply.</p>