Chamberlin v. Wagar

Plaintiff, as receiver of the Edmore State Batik, recovered a judgment against Harry E. Wagar on account of his $7,000 stockholder’s.liability in the failed bank. The instant suit was then brought to set aside an assignment given by Harry E. Wagar to his son Guy E. Wagar of a one-half interest in the Lee Jordan Company, a copartnership engaged in the wholesale and retail gas and oil business, and in which for over seven years Lee Jordan and Harry E. Wagar had been equal partners. On July 1, 1930, Wagar transferred his interest to-his son, Guy, in consideration of'“one dollar and-love and…