Ionia County Savings Bank v. McLean
Michigan Supreme Court
Appeal from Kent. (Grove, J.) Bill to set aside a .deed and the assignment of an insurance policy as fraudulent as to creditors. Complainants appeal from a decree setting aside the deed, but sustaining the assignment. The facts are stated in the opinion.
1Opinion of the CourtGrant, J.
One Alexander McLean died July 14, 1887. He was the husband of the defendant Jane McLean, and father of the defendants Jennie and Leander McLean. On July 1, 1887, he executed a deed to his wife, conveying to her 90 acres of land. On May 4, he assigned-to the defendants Jennie and Jane McLean a policy of insurance upon his life for the sum of $5,000. The bill in this case is filed to set aside this deed and the transfer *627of the insurance policy as a fraud upon the creditors of Alexander McLean. By the decree of the court below the deed was set aside as fraudulent, and the transfer of the…
2Cited by22 opinions
- Nixon v. New York Life Insurance Co.Texas Supreme Court · 1906
- Hamilton v. HamiltonSupreme Court of Alabama · 1950
- Bailey v. WoodMassachusetts Supreme Judicial Court · 1909
- Equitable Life Assurance Society of the United States v. HitchcockMichigan Supreme Court · 1935
- Petty v. Mutual Benefit Life InsuranceSupreme Court of Iowa · 1944
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