Stucky v. Masonic Savings Bank - 108 U.S. 74 (1883)


U.S. Supreme Court

Stucky v. Masonic Savings Bank, 108 U.S. 74 (1883)

Stucky v. Masonic Savings Bank

Decided March 6, 1883

108 U.S. 74

Syllabus

A creditor, dealing with a debtor whom he may suspect to be in failing circumstances, but of which he has no sufficient evidence, may receive payment or take security without necessarily violating the bankrupt law. When such creditor is unwilling to trust a debtor further or feels anxious about his claim, the obtaining additional security, or the receiving payment of the debt is not prohibited if the belief which the act requires is wanting. Grant v. National Bank, 97 U. S. 80, approved and followed.



Official Supreme Court caselaw is only found in the print version of the United States Reports. Justia caselaw is provided for general informational purposes only, and may not reflect current legal developments, verdicts or settlements. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or information linked to from this site. Please check official sources.