Strain v. Ferris

Plaintiff, the Superintendent of Banks of the state of South Dakota, brought an action for the purpose of setting aside a transfer of real property from J. H. Ferris to E. E. Ferris claiming that such transfer -was fraudulent. His statement of the facts and circumstances .pertaining to the transfer is substantially as follo'ws: That J. H. Ferris is the owner of 2-5 shares of stock in the Mitchell Trust Company -which failed on August 8, I933; on September 30, 1933, the conveyances were filed; in December, 1933, an action was brought to set aside the deeds as being fraudulent under the Uniform…