Summary

Nathan Clifford Bank of Washington v. Nock — Opinion of the Court

Whereupon the complainants appealed to this court, and still insist that their claim is a lien upon the judgment recovered by the respondent against the United States in the Court of Claims.
Liens existed at common law, and they usually arise by statute or by contract, or by the usages of trade or commerce. [1] Such a contract, if alleged, must be proved, and when proved the rights of the parties depend upon the terms of the contract.
Source: Wikisource

Nathan Clifford Bank of Washington v. Nock — Opinion of the Court

Suppose all these suggestions are correct, still the complainants refer to the agreement of the second of December, 1852, and insist that they are entitled to a decree by virtue of that instrument. Undoubtedly the effect of that instrument was to renew and revive the original promise of the respondent to pay to the bank any balance which he owed the corporation for those prior advances, but it did not have the effect to renew or revive any prior lien on the contract between the respondent and the government, because no such prior lien ever had any existence.
Source: Wikisource

Nathan Clifford Bank of Washington v. Nock — Opinion of the Court

Wanting more means than he had at command, to enable him to perform his contract, the respondent applied to the bank for a loan, and the complainants allege that he agreed, in consideration that they would advance money for him on his drafts on the Postmaster-General, to give the bank a specific lien on the drafts and their proceeds, whenever the same should be realized, to secure and reimburse the corporation for the full amount of the advances so made or to be made, with interest until the principal should be repaid.
Source: Wikisource

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