England v. England

For convenience we refer to Walter W. England as if he were sole defendant. Other defendants are his wife and three mortgage holders.

In July 1931 plaintiff, Joseph England, then sixty-eight, owned' 520 acres of heavily mortgaged farm land. Like many large owners of mortgaged land about that time he .was in financial difficulties. On July 30, 1931, he deeded to his son Sam 120 acres mortgaged for $15,000. In 1932 Sam deeded this land to the mortgagee for $600. This 120 acres is not involved here.

Also on July 30, 1931, plaintiff deeded to his son Walter, then twenty-nine, 360 acres for an…