Craddick v. Cotta Gear Co.

This was an action by appellee, Lundin, as trustee in bankruptcy of the Cotta Gear Company, to vacate an execution sale made by the sheriff of Winnebago county. In November, 1936, judgment in the sum of $4,201 was recovered against the Gear Company by Thomas J. Craddick. In May, 1939, Craddick assigned this judgment to John D. Powers for $300. Thomas P. Ryan acted as attorney for Powers in the purchase of the judgment. Shortly after Powers became assignee of the judgment, he caused an alias execution to issue and a levy to be made on the personal property of the Gear Company, which consisted…