Utterback's Administrator v. Hannan

OPINION op the Court by

Judge Clay

Reversing.

These appeals from the same judgment, and prosecuted on the same record, will be considered in one opinion.

The facts are: The Lakeview Country Club, located near Paducah, owed numerous creditors. Among them was Ed D. Hannan, whose claim amounted to a little more than $5,000. Another creditor in a large amount was the City National Bank of Paducah, which was in the hands of a receiver. Pursuant to a resolution of the directors and all the stockholders, all the real estate and personal property belonging to the Club was conveyed and transferred to its…