W. A. Gage & Co. v. Bell

This case presents some rather unusual proceedings in bankruptcy practice, which it is well enough to settle for the better regulation of proceedings in similar cases. The original petition is by one creditor only, to whom the defendant debtor owe's more than $8,ooo, and it alleges, as acts of bankruptcy, the conveyance to his nephew of a tract of land for a consideration of $8,ooo, the concealment of the conveyance from, the records, subsequent mortgages to secure loans, particularly one by a local bank of which the nephew was cashier, all of which it is alleged were made without real…