Ruth v. Wellington

Henninger, J.,

On March 27, 1934, Allentown Production Credit Exchange became a judgment creditor of William E. Schaffer, Sr., in the sum of $315, most of which is still owing. On June 26,1936, William E. Schaffer, Sr., used the proceeds of his adjusted compensation bonds for the purchase of a house and lot in Zionsville, Pa., and took title thereto in the name of his three minor children. Thereafter, Allentown Production Credit Exchange caused execution to issue against this property upon its judgment, purchased the same at sheriff’s sale, and thereupon conveyed the same for $420 to…