Postby dognose » Sun Apr 24, 2022 6:49 am
Tiffany & Co. last Thursday filed an answer in a suit for $125,000, brought by Miss Emma Sully, wife of Daniel J. Sully, to recover damages because, it is alleged, the jewelers wrongfully disposed of a number of pieces of jewelry, consisting of a marquise diamond ring, a diamond crescent, a diamond bowknot, a diamond necklace, an emerald, diamond and pearl pendant and an emerald and diamond pendant. The answer says that in 1904, when Sully was in bankruptcy, Tiffany & Co. had a claim of $110,000 against him. It was suggested by the creditors that Mrs. Sully had certain property transferred to her by her husband by fraud, and that this property should be taken by the creditors. To forestall this action it is alleged that Mrs. Sully arranged to buy up the claims, and she got the claim of Tiffany & Co. in exchange for the jewelry mentioned in the suit.
Source: The Jewelers' Circular - 24th April 1912
Trev.