Hennequin v. Clews
111 U.S. 676 (1884)

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U.S. Supreme Court

Hennequin v. Clews, 111 U.S. 676 (1884)

Hennequin v. Clews

Argued March 13, 1884

Decided May 5, 1884

111 U.S. 676

Syllabus

One hypothecating, to secure a debt due from himself, securities which had been pledged to him to secure the obligation of another, and failing to return them when such obligations discharged does not thereby create a debt by fraud, or in a fiduciary capacity, which is exempted by $5117 Rev.Stat. from the operation of a discharge in bankruptcy.

In October, 1871, Henry Clews & Co. opened a line of credit on their London house of Clews, Habicht & Co., for

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