Less v. Manning

The appeal is from a decree dismissing for want of equity a complaint in which it was alleged that Mrs. Kate McRae Bracy disposed of 82 acres of land in Union county with the fraudulent intent to defeat creditors.

July 15, 1927, L. K. Snodgrass, Julia G. Snodgrass, S. Y. Bracy, and Kate M. Bracy delivered to Bankers Trust Company, of Little Rock, agent, their executed notes aggregating $47,500, secured by deed in trust 2 on certain real property. 3 The notes became due July 15, 1932. The indebtedness was reduced to $42,000, and maturity was extended to July 15, 1934 4 There is testimony of an…