Manufacturers Bank & Trust Co. v. Rossen Furniture Co.

Action in equity to have plaintiff adjudged a creditor of Harry Rossen in the sum of $20,669.74, to set aside the transfer of property to his children as in fraud of creditors, and to subject the property to the payment of the alleged indebtedness. Judgment for defendants and plaintiff appealed.

Defendants include the five children of Rossen and the husbands and wives of children. Plaintiff is the assignee of a $51,000 note executed by Rossen on November 28, 1932. It admits that a credit on the note reduced the same to $20,669.74. The petition in this case was filed on July 9, 1937. At that…