Queen v. Weaver

The plaintiffs in this action, as receivers of the Weaver Cycle-Material Company, brought this action to set aside a bill of sale made by said company to the defendant, and also an assignment of certain book accounts; the consideration of the bill of sale being money which had theretofore been loaned by the defendant to the company, and the consideration for the assignment being the contingent liability of the defendant as indorser of the notes of the company. The ground upon which the plaintiffs proceeded was that these transfers were made by the company either when it was insolvent or in…