First National Bank v. Ryder

Ellsworth Ryder owned a parcel of real property in Bridgehampton, Suffolk county. On April, 24, 1922, he conveyed it to his wife, Rosalie Ryder. On August 1, 1923, Ryder and his wife gave a $4,000 first mortgage upon this property to secure the payment of their bond in that amount, due August 1, 1926. The mortgage ran to one Cary, and by mesne assignments vested in the plaintiff bank.

On September 21, 1923, the Coe-Mortimer Co., Inc., became a judgment creditor of Ellsworth Ryder, and on October 30, 1924, it began an action against Ellsworth Ryder and his wife, Rosalie Ryder, to set aside the…