Schwartz v. Wuester

Complainant, as trustee in bankruptcy of William Wuester, seeks to set aside the transfer of ninety-four shares of the common capital stock of the Paragon Woven Label Company, Inc., upon the ground that it was made by the bankrupt without consideration and with intent to hinder and delay his creditors in the collection of their respective debts; and, hence, is fraudulent as to him.

On March 8th, 1933, defendant William Wuester, who ever since 1929 had been engaged in the textile manufacturing business under the name and style of Paragon Woven Label Company, filed a voluntary petition in…