Cook v. Clark, Davis & Co.

By their bill in this cause appellees sought a decree setting aside an assignment of insurance policies on his life by Floyd F. Cook, now deceased, to appellant. The averment, to state the substance of the bill in brief, is that deceased, being insolvent and in the last stages of pulmonary tuberculosis, did, with intent to hinder, delay, or defraud complainants and his other creditors, transfer the two policies in question, both theretofore payable to his estate, to defendant, his sister, who knew of his insolvency, and for a grossly inadequate consideration, or none at all, by changing the…