Monticello Mutual Building & Loan Ass'n & Rapp

Plaintiff sought to set aside three conveyances of real property made by defendant Harry Rapp to the defendant 335 Crimmins Ave. Realty Co., Inc., and a transfer by the defendant Harry Rapp of his glass business to his son, the defendant Nathan Rapp, on the ground that said conveyances and transfers were made without consideration and while Harry Rapp was insolvent. The alleged effect of these transfers was to defeat plaintiff in enforcing payment of a bond secured by mortgage and given by the defendant Harry Rapp, which was in default at the time of said transfers and subsequently reduced to…