Tainter v. Broderick Land & Investment Co.

The demurrer to the complaint was properly sustained. The object of the action was to subject to the payment of the plaintiff’s judgment certain real estate standing in the name of the defendant corporation.

The complaint alleges that on June 10, 1908, Dudley was the owner of the property; that Dudley, Upham, and Meigs agreed to organize a corporation for the purpose of saving said property from Dudley’s creditors, and providing that Dudley should remain in possession thereof, and that the title should be transferred to the proposed corporation without consideration, and for the purpose of…