Marvin v. Anderson
Wisconsin Supreme Court
Appeal from a judgment of the circuit court for Dane county: R. G. Siebeokeb, Circuit Judge. Action by the trustee in bankruptcy of the property of the Badger Cycle Company to set aside a deed, given by the bankrupt some. time before the commencement of the bankruptcy proceedings, upon the ground that it was fraudulent as to the creditors and stockholders of the corporation.
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Appeal from a judgment of the circuit court for Dane county: R. G. Siebeokeb, Circuit Judge. Action by the trustee in bankruptcy of the property of the Badger Cycle Company to set aside a deed, given by the bankrupt some. time before the commencement of the bankruptcy proceedings, upon the ground that it was fraudulent as to the creditors and stockholders of the corporation. The court decided as matters of fact as follows: On October 22,. 1897, the day when the deed was given to defendant Louis Anderson, he was, and for some time prior thereto had been a stockholder of the corporation,…
1Opinion of the CourtMaeshall, J.
If the Badger Cycle Company was solvent at the time of the transaction in question, the main contention by counsel for appellant, that the judgment appealed from is wrong, fails. The trial court decided that question in the affirmative because the property of the corporation, at a fair valuation, exceeded to a considerable extent its debts. Appellant’s counsel say that was not the proper rule to be applied. The conclusive answer thereto is that the trial court followed the law as it has been laid down by this court. Hamilton v. Menominee Falls Q. Co. 106 Wis. 352; Shaw v. Gilbert, ante, p.…
2Cases cited15 opinions
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- Patterson v. . RobinsonNew York Court of Appeals · 1889
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- Hinz v. Van DusenWisconsin Supreme Court · 1897
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