Sprague v. Ryan

Citations

• 11 S.D. 54
• 75 N.W. 390
• 1898 S.D. LEXIS 71

Syllabus

<p>A debtor conveyed property to defraud creditors, receiving its value in ‘cash and notes. The grantee, at the debtor’s request, mortgaged the property, and used the money in paying a bona fide debt of the debtor, who’credited the grantees’notes with the amount. Held, that the grantee would be relieved from claims of other creditors, to the extent of such payment.</p>