Bates, Reed & Cooley v. Wills Point Bank

RAINEY, Associate Justice.

Gugenheim & Company, insolvent merchants, conveyed their property to the Wills Point Bank, a partnership composed of H. Fuller, W. A. Williams, J. M. Lybrand, and J. W. Fuller. The appellants, Bates, Reed & Cooley, and other creditors of Gugenheim, attached said property and attacked said conveyance for fraud. Said bank claimed the property under the statute. Upon the trial of the rights of property, all the creditors recovered judgment against the bank for the value of the property claimed, which in each case exceeded the value of the indebtedness due by Gugenheim &…