New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1871-06-09
TILE RIGHTS OF BANKRUPTS.

CONYEYANCEs IN FRAUD OF CREDITORS-yOL-
UNTARY SETTLEMENTS on WIVES AND Chill
DREN-DIPORTANT DECISION BY JUDGE
BLATCHFORD.
In the case of John Sedgwicl, assignee in
bankruptcy of James X. Place and James ID. sparkman,
agt James X. Place and Others reargued IN the United
States District Court the plaintiff claims that the yOun
tary settlement of Fifth-lve property made by James
H. Place and his wife, should be set aside the ground
that il was made for the purpose Of deraudng his cred
tors In long decision in this ease, Judge Batchord
holds that the plaintiff is not eutiueu 10 decree, ~
PRAYED for respects such property furniture ana pro-
ceeds The decision continues
The plaintiff assignee in bankruptcy Of Jane, Place vested
virtue Of Section II Of t5e Bankruptcy act WITH M property enysyl oy
Court OF ths United 1923 SSton Wheaton Wheaton,
229 that voluntary settlement in favor o. wife uno, D. msacaei
sg Is4EsaTth III wheaton lg in 1896 Ire ioctrne wa. ii
cSfp n 'e eo lg Of aor il n dcb TO sm, snoai viii no
make such deed fraudulent IS against creditors be saotn ai ne
to the child reasonable provision 9ceorng 20 b. sa 'nd con-
dOn h and that enough was s, '2F IL. % - s9. 81
Newyork 1851, in Clrpe1te as Roe 90 Ne' t9FA = ana ~
also saws that subsequent Indebtedness cannot be invoked 20 make hii
spnent which vas asd free rn impeachment az r time
In Van Wyek at Seward 70 page on 10 ~ Ce4le.o M'.s0s
said: 81 presume cannot be ser.'F uTsr -l N.'
Advancement to bis child honestly ani ir e-hF - w
hands at the same time P9leTt sufferer. - icy M M ,rt
on If ater@ar happens 1ha tne Els 81 - ~ .l tine
does not actually pay all hs aeas "pea eA' r,;t-i
S,a,ej o5, s thai s, Sa. the et that voluntary
was not Eer r. aaag,1 e, Is 4s3 w sso
u Barbours Ch r. 2 in 1875 tie SAM Jase sy, ne "a" %
tons formed upon TIE q o2o % %, ss.
VALID and 10, iEIga lyon Sne ~, ~ @ of The .s. IL ~.
Ssyarees made delay huer All iu CREDITOR vel
% Ss Wy been veV 10 tie statutes Of irau b To- gai
country would have been asgeneei 70 ONE ,s
aemIs give liberal app cation n' the "',' 1.
instead it. intent No provision can be i-i.u 20 ., 70 s-ls
9 Il .n sI HdGs S Se@Si H'' debt, y.
@ rand S of nj. h. mi. e sa5 pJ sp Il b
be made by person free from al aosf,, , cs
lrse under iacis and Circumstances winch must Be ml I'll
s%er ~ I an iDSa il indpeGe ne, and Which
the public would not aieet DE- rem ,i 49, I ,arb no
oniiaary aud safe transaction, % so.ieN nal u go t,,,J
T ilr statute designed to prohibit aa By Pr9isct1s 81 gs1s
creditors n The facts and crcunsil., =, ,trrs wbent
voluntary conveyance made By 81 ,aA. 'y 20, ,4 tisr tbs
And settlement DC mae g.'y ~ -,ao 50 ss
1.-THE amount thus eon,e,l impaired 70, M, ., N |
Lhsss Tg S, ls cio2 Of Lord Chancellor we,l in - Ss
.s ~ Spr AIT willows q Jones at SMITH - ina
Jurs New Series Part L. 7c In that case : : ~ - ,k T,Gs
Sues as creditor to set aside voluntary settlement % ise 49, ca
BY the defendant bis debtor rhe Pa.n' ,sgsrt lie
has since recovered Judgment law aai he des,ot ~
e. ssG statute si OF Elizabeth S,, Is smea o cs
delayed and defaqtci BY The CONVEY Of N, - bt =, te
making the settlement ,e or Is;ss 90 sS ASA sa, r.s he
eaoagh pay The plaintiff and al es other os rared SOL
vent aner he mas. L. There some noI 6., iss the following
the subject Of couyeytnc ~ iui oi Iy
voluntary settlement mpeached existed a. tne l,7 81
an, N IL shosn thai The remedy the creif - aerss
~ ,he s,,t,nc. of the 70 Is mmAiera Nsscf s
f I@ va" Soauisy settlement aesd . On i=
p.aebed by suiseaaent cTeditors "hoe ueoS nsa
~ ~ lste Of the settlement, thea u is ntccsfp .
- ~. he 5ebtor made the eucmtutS WIN me rfp's
70 dy hinder deaud hs creditors Or ,la i.sr l =, tss
i - ns NJ, hen esisng debts that % Wa reilcc % 80
~ ~, k,sy. In which the Law implies that ne eur@ul
=, ,t Sb ueut 10 delay. binder ~ iefrind h cvi'i'
t"' w" lalent and void 10 Dbyoas tai le 3' %
,s ,st uiis toney enough the fels aa le
~ I'm. Of Iaak ~ t.lsinsgt. 9us nps aeiea ~ s
LOT sIs, nj chsey " tie setteuSsl sA~ s--A go