Davis v. Cramer
Supreme Court of Arkansas
Appeal from Pulaski Chancery Court; John E. Martinecm, Chancellor; 1. The fraudulent conveyance should have been set aside to the extent of appellants claim, and not merely to the extent of the cash surrender value of the policy. 84 Mich. 625; 48 N. W. 159; 82 N. Y. Supp. 302; 83 App. Div. 419; 74 N. E. 1116; 80 Ala. 555; 2 So. 114; 124 Ala. 213; 12 R. C. L. par. 149; 100 Ark. .573; 33 Id. 575; Ann.
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Appeal from Pulaski Chancery Court; John E. Martinecm, Chancellor; 1. The fraudulent conveyance should have been set aside to the extent of appellants claim, and not merely to the extent of the cash surrender value of the policy. 84 Mich. 625; 48 N. W. 159; 82 N. Y. Supp. 302; 83 App. Div. 419; 74 N. E. 1116; 80 Ala. 555; 2 So. 114; 124 Ala. 213; 12 R. C. L. par. 149; 100 Ark. .573; 33 Id. 575; Ann. Cases, 1912 B. 896; 1 Remington on Bankruptcy, 16. See also, 53 N. J. Eq. 282; 31 Atl. 272; Kirby’s Digest, § 5212; 12 R. C. L. 510; 124 Atl. 213. 2. There was no consideration for the transfer.…
1Opinion of the CourtWood, J.
(after stating the facts). It can serve no useful purpose to set out and discuss the evidence relating to the issue of insolvency. A preponderance of the evidence shows that at the time of the change of the beneficiaries and the transfer of the policy by Jones to Mrs. Cramer and his son, Gus K. Jones, Jr., that Jones, the insured, was insolvent. We have reached the conclusion also that the preponderance of the evidence shows that the transfer by Jones of the policy in controversy to his sister and son was voluntary. These are purely issues of fact and we deem it unnecessary to do more than…
2Cases cited18 opinions
- Central Bank of Washington v. HumeSupreme Court of the United States · 1888
- Wilks v. VaughanSupreme Court of Arkansas · 1904
- Rose v. WorthamTennessee Supreme Court · 1895
- Fearn v. WardSupreme Court of Alabama · 1886
- McKneely v. TerrySupreme Court of Arkansas · 1896
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3Cited by17 opinions
- Womack v. WomackTexas Supreme Court · 1943
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- Townes v. KrumpenSupreme Court of Arkansas · 1931
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