Federal Reserve Bank v. Geannoulis

Plaintiff filed a petition in equity, suing as an innocent purchaser on a promissory note dated October 6, 1925, for $4,500, executed by the- defendant Geannoulis, of which note plaintiff became the holder in due course:' Plaintiff alleges that it is now the owner and holder of the same, and that it is due and wholly unpaid. It further alleges that Geannoulis is a nonresident of the state of Iowa,' and that he has disposed of' his property, in whole or in part,.with-intent-to defraud his creditors; that, on the 27th day of November, 1925 (two days after the due date of the note),…