Trusts and Trustees-Vendor and Purchaser.
TRUSTS AND TRUSTEES-Continued-
future time on the part of the father to set apart $500 for
the benefit of petitioner. Idem....
1. Sales-Remedies of Seller-Recovery of Goods Delivered.-
Where goods had been obtained by a buyer without any
intentional or reasonable expectation of paying for them, and
with a design of cheating the seller out of his goods or to
obtain them without consideration, the seller may, on dis-
covering the fraud, elect to treat the contract of sale as a
nullity and bring his action for the recovery of the specific
property or the value thereof. Am.-German Nat. Bank v.
Gray & Dudley Hdw. Co., &c.,
2. Same-Fraudulent Conduct of Buyer-Evidence-Sufficiency.
-In an action of claim and delivery for merchandise sold by
plaintiff to defendant on credit, evidence held to authorize
a finding that the goods were obtained by the fraudulent in-
tent of defendant not to pay for them at a time he had no
reasonable expectation of being able to pay for them, author-
izing a recovery. Idem....
....105
3. Same-Bona Fide Purchasers.-Where a buyer on credit ob-
tained possession of the goods by fraud, and placed them in
a warehouse, and assigned the warehouse receipt to a creditor
bank, which on sale of the goods received their value, the
bank could defend an action of claim and delivery by the
seller only on the ground that he was an innocent purchaser
for value without notice. Idem....
....105
4. Same. Whether a bank was an innocent purchaser for value
without notice from a buyer on credit who obtained possession
of the goods from the seller with a fraudulent intent to
defraud the seller is for the jury. Idem......
......105
Same. An insolvent buyer of goods on credit obtained posses-
sion of them without intending to pay for them. The goods
were delivered to a warehouse, and the warehouse receipt
was delivered to a bank. The goods were subsequently sold,
e proceeds applied to the buyer's debt to the bank.
in an action of claim and delivery by the seller against
ank, that an instruction authorizing a verdict for the
x on a finding that the warehouse receipt was delivered
the bank for money loaned to the buyer or for a note
'discounted by the bank at the instance of the buyer by reason
of the delivery of the receipt, and on the faith thereof with-
out any knowledge or notice that the buyer had obtained the
goods from the seller with the fraudulent design not to pay