Woodford v. Rice

Citations

• 207 F. 473
• 1913 U.S. Dist. LEXIS 1325

Syllabus

<p>1. Bankruptcy (§ 303*) — Fraudulent Transfers — Actions — Burden of Proof.</p> <p>The wile of a bankrupt, who purchased his stock of goods at the trustee’s sale, purchased other goods, and transferred them to a corporation organized by her to carry on the business formerly carried on by the bankrupt, had the burden of showing, in a suit by the trustee, that such purchases were made out of funds derived from her own estate and not from money furnished her by the bankrupt.</p> <p>[Ed. Note.—For other cases, see Bankruptcy, Cent. Dig. §§ 458-462; Dee. Dig. § 303.*]</p> <p>2. Bankruptcy (§ 303*)—Fraudulent Transfers—Actions—Sufficiency of Evidence.</p> <p>In an action by a trustee in bankruptcy against the bankrupt’s wife and others to recover goods purchased by the wife and transferred Lo a corporation organized by her to carry on the business formerly carried on by the bankrupt, evidence held to show that the wife purchased such goods with money furnished her by the bankrupt.</p> <p>(Ed. Note.—For other cases, see Bankruptcy, Cent. Dig. §§ 458-462; Dec. Dig. § 303.*]</p> <p>8. Bankruptcy (§ 303*) — Fraudulent Transfers — Actions — Burden of •Proof.</p> <p>Where the wife of a bankrupt purchased his stock of goods at the trustee’s sale and purchased other goods, transferred the goods to a corporal ion organized by her to carry on the business formerly carried oh by the bankrupt, and transferred part of the corporate stock to other parties, the trustee in bankruptcy, in a suit to recover the goods on the theory that they were purchased with money furnished by tlic bankrupt, had the burden of proving the allegations of his complaint by a preponderance of the evidence as against the corporation and the defendants other than the wife of the bankrupt.</p> <p>[Ed. Note.—For other cases, see Bankruptcy, Cent. Dig. §S 458-462; Doc. Dig. § 303.*]</p> <p>4. Bankruptcy (§ 303*)—Fraudulent Transfers—Actions—Sufficiency of Evidence.</p> <p>In an action by a trustee in bankruptcy