Friedman v. Mitz

Citations

• 21 Ohio C.C. Dec. 146

Syllabus

<p>FRAUDULENT CONVEYANCES.</p> <p>Restoking Money to Insolvent after Assignment, Illegal.</p> <p>One with knowledge of the insolvency of another and his contemplated general assignment for creditors, receiving from him a large sum of money, giving his due hills in return therefor, holds the money in trust for the creditors and cannot absolve himself from liability therefor to the creditors by returning such money to the insolvent personally, after the assignment is made, and, especially, since he made no disclosure to. the assignee of such restoration.</p> <p>[Syllabus approved by the court.]</p>