Everett v. Stone

STORY, Circuit Justice.

As to the first question, I entertain no doubt, that the conveyances referred to in that question are fraudulent conveyances, within the sense of •the bankrupt act of 1841 (chapter - 9), upon which a proceeding might have been had by the creditors of the bankrupts in invitum, under the first section of the act They were obviously designed to give certain creditors a priority and preference over the other creditors of the bankrupt, and containing, as they did, the bulk of all their property, it must be perceived, that they contemplated exactly what was the natural result…