58 N.H. 293 | N.H. | 1878
The suit is between a creditor of Gray and his alleged vendee, and the question is raised upon the refusal of the court to order a verdict for the defendant, on the facts stated in the case.
A secret trust, reserved to the vendor in a sale of goods, will render it fraudulent and void as to creditors, and it is immaterial whether the trust is express or implied. The retention of the possession of goods by the vendor after a sale is a secret trust; and this being shown, fraud is an inference of law that the court is bound to pronounce. Coolidge v. Melvin,
A concurrent possession of the vendor and vendee does not improve the case for the vendee. Trask v. Bowers
The facts that appear in the case are those that were not in dispute, or those that the plaintiff's evidence tended to prove, and we think that they do not show such an open, visible, substantial change of possession as the law requires, to make a valid sale as against creditors. Clark v. Morse,
Verdict set aside.