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PHIPPS V. SEDGWICK, 95 U. S. 3 (1877)

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U.S. Supreme Court

Phipps v. Sedgwick, 95 U.S. 3 (1877)

Phipps v. Sedgwick

95 U.S. 3


1. The Court, upon consideration of the facts in this case, holds that certain real estate settled upon a woman by her husband was purchased with the assets of the firm whereof he was a member, and that the assignee in bankruptcy of the firm is, after the payment of the mortgage thereon, entitled to the proceeds thereof.

2. Where property is conveyed to a wife in fraud of her husband's creditors, a judgment in personam for its value cannot be taken against her, nor, in case of her death, against her executors.

The facts are stated in the opinion of the Court.

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