Illinois Valley Bank v. Newman

The Illinois Valley Bank, predecessor of the Griggsville State Bank, and various other judgment creditors of Edd Newman, filed a bill in the circuit court of Pike county to set aside a deed made by Newman to his wife and four minor children on the ground that the deed was in fraud of the rights of creditors. The bill alleged that Newman was the owner of an undivided one-third interest in 240 acres of land in said county, subject, however, to a life estate therein of his father, Charles Newman; that prior to the rendition of the judgments in favor of the respective creditors, but after the…