Case Name: SKERRY, Appellant, v. LAMB et al, Defendants, LITHIA LUMBER COMPANY, Respondent
Court: Oregon Supreme Court
Jurisdiction: Oregon
Decision Date: 1967-10-25
Citations: 248 Or. 147
Docket Number: 
Parties: SKERRY, Appellant, v. LAMB et al, Defendants, LITHIA LUMBER COMPANY, Respondent.
Judges: Before Perry, Chief Justice, and McAllister, O’Connell, Goodwin and Lusk, Justices.
Reporter: Oregon Reports
Volume: 248
Pages: 147–148

Head Matter:
Argued October 6,
affirmed October 25, 1967
SKERRY, Appellant, v. LAMB et al, Defendants, LITHIA LUMBER COMPANY, Respondent.
432 P. 2d 792
James F. Spiekerman, Portland, argued the cause for appellant. With Mm on the brief were Mautz, Souther, Spaulding, Kinsey & Williamson.
Frank A. Bauman, Portland, argued the cause for respondent. With him on the brief were Keane, Haessler, Bauman and Harper, Portland, and Stanley C. Jones, Jr., and Joel B. Reeder, Medford.
Before Perry, Chief Justice, and McAllister, O’Connell, Goodwin and Lusk, Justices.

Opinion:
PEE CUEIAM.
On July 9, 1964, Zelma Lamb and Drew Lamb gave a note and mortgage for $60,000 to a trustee for the benefit of their son. Five days later the makers of the note suffered a not unexpected judgment in the sum of $1,740,000. In this proceeding by the trustee to foreclose the mortgage, the trial court held the note and mortgage to be void because in fraud of creditors. The trustee appeals.
The issues were primarily factual and the evidence tended to prove that the defendants Lamb executed the note and mortgage in an effort to put the property beyond the reach of their creditors.
Affirmed.