S. Archenhold & Co. v. B. C. Evans Co.

HEAD, Associate Justice.

On May 28, 1890, C. O. Wright transferred Ms saloon business, wMch previous to that time he had been running in his own name, to appellants. The ostensible consideration for this transfer was the cancellation of a valid debt of $1179, but the real purpose was to defraud Wright’s other creditors, among whom was appellee. The understanding was that the business was thereafter to be run in the name of appellants, but the profits were to belong to Wright.

While the business was being run under this agreement, Wright purchased the lot in controversy (wMch was the one upon…