Opinion
Gen. No. 9,498. (Abstract of Decision.)
Opinion filed October 25, 1946 Rehearing denied December 28, 1946 Released for publication December 30, 1946
FRAUDULENT CONVEYANCES, § 34 — pre-existing debt as consideration for deed. In action to set aside warranty deed as fraudulent for want of consideration, where grantors were indebted to grantee at time of conveyance in sum in excess of $2,000, and under evidence, value of interest conveyed was estimated to be between $1,800 and $4,000, pre-existing debt was good consideration as against other creditors.
See Callaghan's Illinois Digest, same topic and section number.
Appeal from the Circuit Court of Menard county; the Hon. A. CLAY WILLIAMS, Judge, presiding.
Reversed and remanded with directions. Heard in this court at the October term, 1946;
Giffin, Winning, Lindner, Newkirk Jones, for appellants;
Robert H. Brunsman, Robert F. Hails and George K. Blanchard, of counsel;
Henry E. Pond, for appellees.
Not to be published in full. Opinion filed October 25, 1946; rehearing denied December 28, 1946; released for publication December 30, 1946.