marshalling


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marshalling

the principle that where two or more creditors seek payment from the assets of the same debtor where one creditor can claim against one source of assets and another can claim against two sources, the creditor with the two sources maybe required to seek satisfaction from the source that the other creditor cannot claim against. It applies as between creditors, beneficiaries and legatees.
References in classic literature ?
Instead of jumping out hastily so that he might attend to his hungry, bellowing stock, he lay quietly marshalling the new incidents of his life into a parade which he ordered to march across the low ceiling.
For expert men can execute, and perhaps judge of particulars, one by one; but the general counsels, and the plots and marshalling of affairs, come best, from those that are learned.
gowned in black in his intermittent character of sexton) was taking a preliminary survey of the scene before marshalling his forces.
Too late the Chinese government apprehended the meaning of the colossal preparations, the marshalling of the world-hosts, the flights of the tin airships, and the rain of the tubes of glass.
In front stood the bow-men, ten deep, with a fringe of under-officers, who paced hither and thither marshalling the ranks with curt precept or short rebuke.
Old man Riddle don't like me a little bit," went on the uneasy suitor, bent upon marshalling his arguments.
One truth after another was marshalling itself silently against her and keeping its ground.
Prentice Knights arose in haste, and marshalling into a line, filed off one by one and dispersed with all speed to their several homes, leaving their leader to pass the grating last.