Brown v. Jefferson County Nat. Bank

The district judge, in his decision in this case, says that “this is evidently a case where the bankrupts, in contemplation of insolvency, desired to secure their indorsers and the defendant, and,'through the advice of their attorneys, concluded to do it by means of judgments and executions,” and that “the attorneys employed to bring actions and obtain judgments were the bankrupts’ attorneys.” The mere existence of a desire on the part of a debtor, however strong such desire, that a particular creditor may succeed by suit, judgment, execution, and levy in obtaining a preference over other…