U.S. Supreme Court
Lanier v. Nash, 121 U.S. 404 (1887)
Lanier v. Nash
Argued April 7, 1887
Decided April 13, 1887
121 U.S. 404
On the facts proved, the Court holds that this suit was properly brought in the name of the plaintiffs in error, but that they were acting as trustee for others for whose benefit its results were to be applied, and it affirms the judgment of the court below.
To constitute a collusive assignment under § 6 of the Act of March 3, 1876, c. 137, when the title made by the transfer is complete so as to give the assignee power to maintain suit in his own name, it must appear that the object of the transfer was to create a case cognizable under the act of 1875.
In equity to foreclose a mortgage. The case is stated in the opinion of the Court.