Summary

Peter Vivian Daniel Hinkle v. Wanzer — Opinion of the Court

Upon this view of the law, we can perceive no valid objection to the authority given by Gordon, Campbell, and Chandler, especially with Fisher's express sanction, to Hunter, the chief creditor of Fisher, to control and apply to his indemnity the judgment sought to be enjoined. No such objection, surely, can be sustained, unless it can be shown that an equitable interest cannot be assigned-a position which could rest upon no principle of justice, and which, at this day, it would be idle to attempt to sustain upon authority.
Source: Wikisource

Peter Vivian Daniel Hinkle v. Wanzer — Opinion of the Court

Notwithstanding the strictness, particularly in the earlier cases in the courts of common law, with respect to assignments of equitable interests and choses in action, the books abound with cases showing that the rule at the common law has been much relaxed, or almost disregarded, by the courts of equity, which, from a very early period, have held that assignments for valuable consideration, of a mere possibility, are valid, and will be carried into effect upon the same principle as they enforce the performance of an agreement, when not contrary to their own rules or to public policy.
Source: Wikisource

Peter Vivian Daniel Hinkle v. Wanzer — Opinion of the Court

It has been expressly ruled, that a mere expectancy, as that of an heir at law to the estate of his ancestor, or the interest which a person may take under the will of another then living, or the share to which such person may become entitled under an appointment or in personal estate, as presumptive next of kin, is assignable in equity.
Source: Wikisource

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