First Nat. Bank v. Wood
New York Supreme Court
Appeal from judgment on report of referee. Action by the First National Bank of Champlain against Orville K. Wood and others to set aside certain general assignments as made with intent to hinder, delay, and defraud creditors. Judgment was ■entered in favor of defendants, and plaintiff appeals.
1Opinion of the CourtPutnam, J.
This action was brought by plaintiff, as a judgment creditor, to set aside a general assignment executed on May 10, 1884, by O. K. Wood & Co., composed of Orville K., Albert G. H., and Victor A. Wood, and also individual assignments of Orville K. and Victor A. Wood, executed at the same time. On the trial it was shown that in the spring of 1882 the above-named firm of O. K. Wood & Co., being financially embarrassed, its members organized a corporation called the Queen of the Harvest Manufacturing ■Company, with a capital stock of 4,000 shares at $25 each. On *778July 1, 1882, the said copartners…
2Cases cited2 opinions
- Loos v. . WilkinsonNew York Court of Appeals · 1888
- First National Bank v. WoodNew York Court of Appeals · 1891
3Cited by2 opinions
- Buell v. RopeAppellate Division of the Supreme Court of the State of New York · 1896
- Zimmer v. HaysAppellate Division of the Supreme Court of the State of New York · 1896