JAFFRAY v. McGEHEE.


107 U.S. 361 (____)

JAFFRAY v. McGEHEE.

Supreme Court of United States.


Attorney(s) appearing for the Case

Mr. S.F. Clark and Mr. S.W. Williams for the appellants.

Mr. U.M. Rose for the appellees.


MR. JUSTICE WOODS delivered the opinion of the court.

The statute of Arkansas provides that the property assigned for the benefit of creditors shall be sold at public auction within one hundred and twenty days after the execution of the bond required of the assignee.

The deed of assignment in effect authorized the assignee to sell at private sale, and at such time and in such manner as he should deem advisable and right. Under this power he could wait an indefinite...

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