The National Republican And Ohio Political Register

Law.—In the case of Mackie, Milne & Co. against Wm. Cairns and others, decided on the 30th Dec. in the court of Errors of the state of New-York, it has been established as the law of that state, that an assignment made by an insolvent debtor, in trust for the benefit of creditors, if it reserves for his own use any portion of the property conveyed, is void as to judgment-creditors not assenting to it; and that it is void, not merely with regard to the portion reserved, but wholly and entirely. This decision over-turns former practice, which of course also was, until this decision, the general impression as to what was the law in such a case.