CREDITOR
A Law Dictionary · 1910 · p. 7
A person to whom a debt. ls owing by another person, called the "debtor." Mohr v. Elevator Co., 40 Minn. 343, 41 N. W. 1074; Wool vert on v. Taylor Co., 43 Ill. App. 424; Insurance Co. v. Meeker, E 87 N. J. Law, 300; Walsh v. M1ller, 51 Ohio St. 462, 38 N.,E. 381. The foregoing is the strict legal sense of the term; but in a wider sense it means one who has a leg at: right to demand and recover from another f a sum of money on any account whatever, and hence may Include the owner of any right of action against another, }'l"hether arising on contract or for a tort, a penalty, or a forfeiture. Keith v. Hiner, 63 Ark. 244, 38 S. w. 13; Bongard v. Block, 81 Ill. 186, 6 25 Am. Rep. 276; Chalmers v. Sheehy, 132 Cal. 459, 64 Pac. 709, 84 Am. St. Rep. 62: Pierstofl' v. Jorges, 86 Wls. 128, 56 N. w. 735, 39 Am. St. Rep. 881. Cla ification, A creditor is called 11. "sim• H pie contract creditor," a "specialty creditor," a "bond creditor," or otherwise, according to the nature of the obligation giving rise te the debt.' Other compound and descriptive ter:oi:s.- -Attaching creditor. One who hll.S caused an attachment to be i ued and levied on prop... I erty of his debtor.-Catholic creditor, In Scotch law, on.e whose debt is secured on all or on several distinct parts of the debtor's prop• erty. The contrasted term (designating one who is not so secured) is "secondary creditor." -Certificate creditor. A creditor of a municipal corporation who receives 11. certificate of indebtedne for the amount of his claim., there J being no funds on hand to pay him. Jobnso11. v. New Orleans, 46 La. Ann. ·714, 15 South. 100.-Con:fidential creditor, A term some• times ap-plied to creditors of a failing debtor · who furnished him with the means of obtaining credit to which his real circumstances did not entitle him, thus involving lo to other creditors K not ii). bis confidence. Gay v. Strick land, 112 Alli. 567, 20 South. 921.-Creditor at large, One who has not established his debt by the recov• ery of a judgment or has not otherwise secured a lien on any of the debtor's property. U. s; v. lngate (C. C.) 48 Fed. 254; Wolcott v. Ashen felter, 5 N. M; 442, 23 Pac. 780, 8 L. R. A. L 691.-Domestic creditor. One who resides in the same state or country in which the debtor has his domicile or his property.-Execution creditor, One who, having recovered a judg• m4'tlt against the debtor for his debt or claim, bas also caused an execution to be i ued there,- on.-Foreign creditor. One who resides in M 11. state or C()Untry foreig11 to t:h,t.wller, the [s. 303]
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