Jones v. Thibodaux

ODOM, Justice.

By notarial act dated March 28, 1933, Clay F. Thibodaux, one of the defendants in this suit, transferred to his wife, Mrs. Emma Pennison Thibodaux, 70 shares of the capital stock of the C. M. Thibodaux Company, Ltd., of the par value of $100, the shares of stock being represented by Certificates No. 6, 16, and 20. The shares of stock were appraised by two sworn appraisers at $2,100.

Plaintiff, who is a judgment creditor of Clay F. Thibodaux, brought the present suit to set aside the dation en paiement on the ground that the transfer was a fraudulent simulation pure and simple;…