In re Fowler

8 Daly 548, 59 How. Pr. 148
CourtNew York Court of Common Pleas
DecidedApril 5, 1880
StatusPublished
Cited by1 cases

This text of 8 Daly 548 (In re Fowler) is published on Counsel Stack Legal Research, covering New York Court of Common Pleas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
In re Fowler, 8 Daly 548, 59 How. Pr. 148 (N.Y. Super. Ct. 1880).

Opinion

[549]*549The following opinion was written by Judge Van Hoesen on denying the discharge :

“ If Fowler had applied for his discharge as a bankrupt after judgment had been rendered against him, and he had been arrested on execution in the action brought by Brick, I should be compelled to apply the rule laid down in the Case of Fitzgerald (ante, p. 188), and hold that having elected to avail himself of the benefit of the bankruptcy act he could not resort to a remedy inconsistent with it, and obtain a discharge from imprisonment which, under the law which he last invoked, could be granted only upon his complying with certain conditions, which his proceedings in bankruptcy had made it impossible for him to perform. In other words, the Fitzgerald case applied to the case of a debtor imprisoned on execution, the doctrine of the election of remedies, and it went no further. In the matter now before me, however, that doctrine cannot be applied. Fowler was not imprisoned on execution, and it was not in his power, therefore, to apply for his discharge from imprisonment under article six; he did not do as Fitzgerald did, choose between relief from his debts by a discharge in bankruptcy and the exoneration of his person from imprisonment, by proceedings under article six. Relief under article six not being open to him, it cannot be said that he rejected that remedy and adopted in its stead the inconsistent remedy of bankruptcy. But it is said by the counsel for the creditor opposing the application, that Fowler, by going into bankruptcy, placed his property in such a situation that the creditor lost the preference which he would necessarily have had if a petition in bankruptcy had not been filed. If Fowler had not gone into bankruptcy, such property as he had would have been reached by the creditor, at whose suit he was imprisoned; but the bankruptcy law required'that all creditors having provable debts should share equally, and furthermore it excluded the creditor who arrested Fowler from all participation in the bankrupt’s estate, because his claim, being for deceit (false representations as to the credit of a third party), could not be proved as a debt payable out of the estate. The result naturally [550]*550expected would be that the creditor would lose his claim, and that by the act of his fraudulent debtor. It is contended that such a proceeding on the part of the debtor could not be just and fair, and that a discharge should on that ground be denied; but in the case under consideration, the debtor assigned no property to the assignee in bankruptcy, for the alleged reason that he had none to assign, and an order of the court of bankruptcy was produced, discharging the assignee and reciting that no property had come into his hands. In point of fact then, the creditor lost nothing by the bankruptcy proceedings, because no property which he could have reached passed beyond the control of the courts of this State by virtue of those proceedings. But if the act of the debtor in going into bankruptcy had prevented the creditor who caused his arrest from getting any share of his estate, it may be a question whether the surrender of his property for distribution according to the bankrupt law was a proceeding of the debtor which the courts of the State should pronounce not just and fair. It is not necessary to express any opinion on the point, for no loss occurred to the creditor through the bankruptcy proceedings. It may be said, however, that the bankrupt law was not made for the protection of fraudulent debtors, and that it prevents the victim of a tort such as the debtor committed upon the creditor in this case from proving his claim for damages and sharing in the bankrupt’s estate. A discharge in bankruptcy does not debar an action for damages for deceit, and the creditor may thereafter sue and enforce his demand, and it may be argued that the bankrupt should not derive any advantage from his resort to proceedings, the effect of which he knew must be to take from him the means of satisfying the creditor whom he had defrauded.

“ A second ground of objection to the discharge is that the action in which the debtor was arrested was for deceit in falsely representing the Peekskill Iron Company to be a solvent company, and thereby inducing the plaintiffs to sell to that concern goods of the value of more than. $13,000. Fowler was an officer of the Peekskill Iron Company, and he [551]*551expected to obtain $30,000 worth of its stock, when the stock should be redeemed from certain persons who held it in pawn. It was not shown that any part of the goods which were sold by the plaintiffs, or any part of the proceeds of those goods, came to the possession or was used to the advantage of Fowler, though it may, perhaps, be inferred, that he did derive some benefit from the use of the goods by the company of which he was vice-president. The counsel for the creditors insist that the proceedings of the debtor in obtaining, by fraud, goods for the use of another, were no more just and fair than the obtaining, by fraud, of goods for his own use would be.

“ I think it must be considered settled, that if a person is proved to have obtained goods by fraud or forgery he cannot obtain his discharge without paying the debt, though he offers the most indubitable evidence, that before an action was brought against him he had spent or lost the entire proceeds of his crime.

“ But it is, as yet, an open question whether a debtor who is proved to have committed a fraud, which did not bring money to his own purse, shall be denied a discharge where it is not shown that he has disposed of an}-" property with a view to the future benefit of himself or his family, or with intent to injure or defraud any of his creditors.

“ I think that there is a marked difference between the two cases. Where a debtor has by fraud or forgery obtained money or property from another, any disposition which he may make of what he has so received is unjust and unfair to the creditor whom he has defrauded, and when he applies for discharge from imprisonment in the action which his swindled creditor has brought against him, it is no reason for granting the discharge that he has lost or spent his creditor’s money; no proof need be offered that he has wrongfully disposed of any other property, it is enough that he does not restore the propert}' out of which he has swindled his creditor. An intent to injure the creditor must be conclusively presumed from the bare fact that the debtor has wrongfully disposed of the property of the creditor.

[552]*552“ But where no property of the creditor can be traced to the hands of the debtor; where the fraud he practised brought no profit to him, I think the debtor is not to be refused a discharge because a clear case of fraud has been established against him. It is not, in my opinion, the nature of the offense proved against him that ought to debar him from a discharge; the obstacle to his discharge is not that he has been guilty of a fraud. In determining whether or not he shall be discharged, the court must satisfy itself whether his proceedings have been just and fair. What proceeding ? Certainly not his fraudulent practices upon his creditor; but his proceedings respecting property out of which his creditor’s claim could have been satisfied. If he has not wrongfully disposed of any property with intent to benefit himself or his family, or with intent to injure any creditor, he is entitled to a discharge.

“I am aware that these views are not consistent with the opinion of Judge J. F. Daly, in the Matter of Roberts (ante, p.

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Related

In re Lowell
13 Daly 306 (New York Court of Common Pleas, 1885)

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Bluebook (online)
8 Daly 548, 59 How. Pr. 148, Counsel Stack Legal Research, https://law.counselstack.com/opinion/in-re-fowler-nyctcompl-1880.