King v. Wooldridge
This text of 78 Miss. 179 (King v. Wooldridge) is published on Counsel Stack Legal Research, covering Mississippi Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
delivered the opinion of the court.
There is no assignment of the debt by any valid act of the corporation.shown. The corporation was plainly insolvent, not a going concern,-nor one with any prospect of going on at any time in the future. It could not in such condition prefer its director, secretary and treasurer. Love M'f'g. Co. v. Queen City M'f'g. Co., 74 Miss., 290.
Reversed and remanded.
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78 Miss. 179, Counsel Stack Legal Research, https://law.counselstack.com/opinion/king-v-wooldridge-miss-1900.