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SIBELL v. REMSEN
Court of Appeals of the State of New York.
Jun 1, 1865
PORTER, J.
The assignment under which the plaintiff claims was made in contemplation of insolvency by a manufacturing corporation organized under the general act of 1848. It falls directly within the prohibition of the statute, which condemns such instruments as utterly void. (1 R.S., 603, ยง 4; Harris v. Thompson, 15 Barb., 62; Robinson v. Bank of Attica, 21 N.Y., 406.)
The complaint was properly dismissed, and the judgment should be affirmed.
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