176 Misc. 371 | N.Y. Sup. Ct. | 1941
The plaintiff brings action pursuant to the Bulk Sales Act. (Pers. Prop. Law, § 44.) The defendants Ferdinand were at all times herein copartners in trade.
The defendant Drexelius I find had no knowledge of the fact that they conducted such other business. The sellers failed to deliver to the purchaser a certificate under oath with a list of all of their creditors provided by the Bulk Sales Act. The certificate so delivered omitted the plaintiff’s name in a list of their creditors. The statute permits of no limitation such as contained in the certificate as aforesaid., It was incumbent on the part of the purchaser to make a demand and the sellers to deliver a certificate in accordance with section 44 of the Personal Property Law, not of certain creditors but of all their creditors. A failure to so do is a violation of the law.
The defendants Ferdinand failed to further comply with the act in that they each did not furnish a certificate in the manner and to the effect prescribed. In the instant case all of the creditors included creditors of the copartners in all of the business enterprises conducted by them as well as a list of all fcheir personal creditors. In this they later wholly failed to conform with the law.
Plaintiff, it is undisputed, at all times herein mentioned was a creditor of defendants Ferdinand and as such a creditor of the sellers should have been listed. Therefore, the failure to fist plaintiff as such in the certificate delivered to the purchaser was a violation of the law as was the failure of each of the copartners to certify all their personal creditors. The failure to so do violated the act.
My attention has not been called to any opinion in this State defining the phrases in the Personal Property Law, “ any creditor,” “ the creditors of the seller,” “ his creditors,” “ every creditor,” and whether or not the certificate referred to in the act means all of the creditors of the seller or merely the creditors who have extended credit to the seller because of his conduct of the particular business being sold. The phrases aforesaid seem to me to be all inclusive, and not limited to any particular group of the seller’s creditors.
Let judgment enter accordingly in favor of the plaintiff against the defendants, without costs.