First National Bank v. Garretson
Supreme Court of Iowa
Appeal from Woodbury District Court.- — Hon. F. It. Gay-nor, Judge. Suits in equity to set aside a conveyance of land by defendants A. S. Garretson and wife to defendant T. P. Gere, and a mortgage made by Gere upon the same property, for the sum of thirty thousand dollars to defendants Llixon.
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Appeal from Woodbury District Court.- — Hon. F. It. Gay-nor, Judge. Suits in equity to set aside a conveyance of land by defendants A. S. Garretson and wife to defendant T. P. Gere, and a mortgage made by Gere upon the same property, for the sum of thirty thousand dollars to defendants Llixon. It is claimed that each of these instruments is fraudulent and void, because made to hinder, delay, and defraud plaintiffs, who are judgment creditors of Garretson, in the collection of their claims. Further, it is alleged that the conveyance to Gere was without consideration, and was made for the…
1Opinion of the CourtDeemer, J.
Appellants are judgment creditors of A. S. Garretson, and are in such position as that they may question the conveyances which are attacked, provided they have established the fraud pleaded by them. It appears from the evidence that Garretson was one of the principal promoters of what was known as the “Railroad Syndicate.” lie was also vice-president and director of a corporation known as the “Union Loan & Trust Company.” His brother-inlaw, E. R. Smith, was secretary and treasurer of this last-named corporation. The so-called “Railroad Syndicate” failed April 25, 1893, and in its fall took…
2Cases cited6 opinions
- Buell v. Buckingham & Co.Supreme Court of Iowa · 1864
- Garrett v. Burlington Plow Co.Supreme Court of Iowa · 1886
- Beecher v. Marquette & Pacific Rolling Mill Co.Michigan Supreme Court · 1881
- Blood v. MarcuseCalifornia Supreme Court · 1869
- J. Groetzinger & Co. v. WymanSupreme Court of Iowa · 1898
1 more not listed; retrieve them via the Exa API.
3Cited by2 opinions
- Hollywyle Assn., Inc. v. HollisterSupreme Court of Connecticut · 1973
- Mills v. MillerSupreme Court of Iowa · 1899