Ratterree Land Co. v. Snyder

OPINION

This is an action to set aside a deed from a wife to her husband, on the ground that it was. a fraudulent transfer, made “for the colorable consideration of $1, but for no actual consideration whatever,” and at a time when the grantee had no other property and was indebted to the plaintiff.

If the husband, the grantee, was a bona fide creditor of his wife, the grantor, and the consideration for the deed was the payment of a bona fide indebtedness owed by the wife to the husband, then there was no fraud. The payment by a debtor to his creditor of a debt honestly owed is not fraudulent.

The…