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BURDON SUGAR REFINING CO. v. PAYNE.

No. 722.

167 U.S. 127 (1897)

BURDON CENTRAL SUGAR REFINING COMPANY v. PAYNE.

Supreme Court of United States.

Decided May 10, 1897.

Attorney(s) appearing for the Case

Mr. John S. Blair, Mr. Walter H. Saunders, Mr. J.D. Rouse and Mr. William Grant for appellants.

Mr. Charles E. Fenner for appellees.

Mr. Frank McGloin and Mr. James David Coleman filed a brief for the Reading Iron Co., appellees.

MR. CHIEF JUSTICE FULLER delivered the opinion of the court.

By Article 3183 of the Civil Code of Louisiana, it is provided: "The property of the debtor is the common pledge of his creditors, and the proceeds of its sale must be distributed among them ratably, unless there exist among the creditors some lawful causes of preference"; by Article 3184: "Lawful causes of preference are...

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