Corbitt v. Leggett

Fourth Circuit

Corbitt v. Leggett

79 F.2d 986, 1935 U.S. App. LEXIS 4340

CourtCourt of Appeals for the Fourth Circuit

DecidedOctober 21, 1935

DocketNo. 3890

StatusPublished

This text of 79 F.2d 986 (Corbitt v. Leggett) is published on Counsel Stack Legal Research, covering Court of Appeals for the Fourth Circuit primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

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Corbitt v. Leggett, 79 F.2d 986, 1935 U.S. App. LEXIS 4340 (4th Cir. 1935).

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Opinion

PER CURIAM.

This is an appeal from an order entered in the District Court of the United States for the Eastern District of Virginia, at Norfolk, in the matter of Arthur Stockton Blount, individually and trading as Suffolk Marble Works. The order complained of held that a paper writing, executed by the. bankrupt purporting to convey certain property to secure a debt of $7,000, created a valid lien upon the property conveyed. The instrument was recorded more than four months prior to the adjudication of Blount as a bankrupt, and according to the evidence the transaction was a bona fide one and the instrument was given to secure a debt honestly due.

While the instrument in question was defective in many respects, an examination of it leads us to the conclusion that the judge below was right in holding that it created a valid lien upon the property. Murphy’s Hotel Company, Inc., et al. v. Herndon’s Administrator et al.,. 120 Va. 505, 91 S.E. 634.

Affirmed.

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PER CURIAM.

This is an appeal from an order entered in the District Court of the United States for the Eastern District of Virginia, at Norfolk, in the matter of Arthur Stockton Blount, individually and trading as Suffolk Marble Works. The order complained of held that a paper writing, executed by the. bankrupt purporting to convey certain property to secure a debt of $7,000, created a valid lien upon the property conveyed. The instrument was recorded more than four months prior to the adjudication of Blount as a bankrupt, and according to the evidence the transaction was a bona fide one and the instrument was given to secure a debt honestly due.

While the instrument in question was defective in many respects, an examination of it leads us to the conclusion that the judge below was right in holding that it created a valid lien upon the property. Murphy’s Hotel Company, Inc., et al. v. Herndon’s Administrator et al.,. 120 Va. 505, 91 S.E. 634.

Affirmed.

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79 F.2d 986, 1935 U.S. App. LEXIS 4340, Counsel Stack Legal Research, https://law.counselstack.com/opinion/corbitt-v-leggett-ca4-1935.

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