Cramer v. Cohn
| Decision Date | 13 December 1886 |
| Citation | 30 L.Ed. 439,7 S.Ct. 277,119 U.S. 355 |
| Parties | CRAMER, Assignee, etc., v. COHN and another |
| Court | U.S. Supreme Court |
Morris M. Cohn, for appellant.
M. H. Sandels, for appellees.
This bill in equity was filed by the assignee in bankruptcy of Isaac Cohn, against him and Mark S. Cohn, alleging that Isaac Cohn, before the adjudication of bankrupty, and with intent to defraud his creditors, concealed his property, and sold it for a large sum of money, and, after obtaining his discharge in bankruptcy, invested that money in a stock of goods, with which he had since carried on business in the name of the other defendant; that this stock in fact consisted of the property so kept back from his creditors, with the increase thereof, and that the other defendant had little, if any, interest therein; and praying for an answer, an injunction, a receiver, an account, and, upon failure to answer and account, for a decree vesting in the plaintiff the title in the stock, and for further relief. The defendants answered separately upon oath, denying these allegations, and alleging that the business was carried on by Isaac Cohn as clerk of the other defendant, and was wholly owned by the latter.
At the hearing upon pleadings and proofs, the court was of opinion that the plaintiff was entitled to recover against Isaac Cohn, for money and assets fraudulently withheld by him from his assignee in bankruptcy, the sum of $6,500, but that the plaintiff had failed to connect the other defendant with the fraudulent withholding of assets; and therefore entered a decree against Isaac Cohn for that sum and costs, but as to the other defendant dismissed the bill, with costs.
The plaintiff and Isaac Cohn each filed a petition for a rehearing. The plaintiff's petition was denied. But upon the petition of Isaac Cohn it was ordered that, as to him, 'it appearing to the court that it is without jurisdiction in this case,' the former decree be set aside, and the bill be dismissed, with costs and without prejudice. The plaintiff appealed to this court.
No reason is shown for sustaining the appeal. So far as the plaintiff's claim was against Isaac Cohn personally, an action at law to recover the value of the property fraudulently concealed and sold by him would afford a full, adequate, and complete remedy. The only pretense for resorting to equity was the allegation that the proceeds of that property had been invested in the stock of goods of a business carried on by him in the name of the...
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... ... action sounding of tort or for money had and received ... Buzard v. Houston, 119 U.S. 347, 352, 7 Sup.Ct. 249, ... 30 L.Ed. 451; Kramer v. Cohn, 119 U.S. 355, 7 ... Sup.Ct. 277, 30 L.Ed. 439; Litchfield v. Ballou, 114 ... U.S. 190, 5 Sup.Ct. 820, 29 L.Ed. 132; Ambler v ... Choteau, 107 ... ...
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...the court might have dismissed the bill in its entirety and have remitted the plaintiff to his remedy at law (Kramer v. Cohn, 119 U.S. 355, 7 S.Ct. 277, 30 L.Ed. 439); or, having decided that an equitable action would not lie, but that the plaintiff could recover at law, the suit might have......
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