Wood v. Royal Bank of Canada

The controversy in this case grows out of the transfer, in September, 1930, by Frederick J. Wood, now deceased, of certain shares of the capital stock of the E. K. Wood Lumber Company and the Redwood Highlands Company, Limited, to his children, Warren B. Wood and Marian Wood Sefrit, alleged to have been made with a fraudulent intent to delay and hinder his creditors.

Frederick J. Wood, a resident of Bellingham, was a large operator in timber and mill properties. He was president of the E. K. Wood Lumber Company, a California corporation, and owned, as his separate property, 1,561,725 shares of…