Whitcher v. Waddell

Blums, Chief Justice.

On December 15, 1920, William G. Oelkers owed the Bank of Moorcroft the sum of $27,800 represented by notes, secured by mortgages on real estate and on cattle to the number of about 350. Part of the notes, the amount not appearing, had been transferred to the Livestock National Bank of Omaha, and that bank had the first lien on the cattle. Oelkers became apparently insolvent, and on the date above mentioned transferred his property, including about 350 head of cattle, to the bank. The transfer was direct to D. R. Shackleford, but the testimony shows that he was merely the…