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The Daily Dispatch: November 9, 1861., [Electronic resource], Honest
Indian
. (search)
er of the Court was to take effect in five days, which time has already expired, it seems as if the Administration intends by letting the matter go by default to sustain Judge Friese in his bold effort to secure redress for our Northern merchants. The Court on Saturday decided another important point, viz: that the property of a rebel debtor must be divided pro rate among the creditors who may apply before the division is made. This is in the present case considered to bear hard upon Chapman, Lyon & Fees, of New York, who have been at the most trouble and expense to test the question, and will thus only collect about sixty per cent. As a precedent, however, it is very important. It does not give one creditor an advantage over an equally just claimant who has been a moment later in making his application for redress. There is, of course, a bare possibility that before the actual delivery of goods, under the order of Judge Friese, in the appealed case of Witmer & Co., the A