Kains v. Jones

This is an action to set aside the transfer of certain personal property as having been made in contemplation of insolvency and in fraud of creditors.

The background of the action may be briefly stated as follows : In 1910, a predecessor of the plaintiff leased certain real property in San Diego to one Fulkerson for a term expiring in 1936. A theater was conducted on the premises and after three assignments the lessee’s interest came into the hands of G. A. and K. G. Bush. In December, 1930, they assigned the lease to Alice N. Bush as security for a debt they owed her. They were, respectively,…