Holden v. Banes

Citations

• 140 Pa. 63
• 21 A. 239
• 1891 Pa. LEXIS 803

Syllabus

<p>1. The contract of a married woman to pay a valid debt of her husband out of her separate estate, creates a moral obligation which is a sufficient consideration to support a bond and mortgage for the same debt, executed after her husband’s death.</p> <p>2. Moreover, in the absence of fraud and collusion, other judgment creditors of the mortgagor have no standing, on the distribution of the proceeds of the sale of the land, to set up the want of sufficient consideration for the bond and mortgage so executed.</p>