Mr. Justice Harlan, after stating the case as above reported, delivered the opinion of the court. From these facts it appears that at the date.pf fhe'mortgage of-May- 2,1877, appellant’s’ entire assets consisted of the prop7 erty, rights! 'and privileges purchased by Pierson, ■ Dow, and .Matthews, trustees, at the sale under the decree -foreclosing .the mortga…
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