Case Name: Journal Square National Bank of Jersey City and Hudson County National Bank, appellants, v. John W. Hetherington, Jr., Adrian E. Willis, Sarah A. Willis and Hunterdon Development Company, respondents
Court: New Jersey Court of Errors and Appeals
Jurisdiction: New Jersey
Decision Date: 1934-09-27
Citations: 116 N.J. Eq. 596
Docket Number: 
Parties: Journal Square National Bank of Jersey City and Hudson County National Bank, appellants, v. John W. Hetherington, Jr., Adrian E. Willis, Sarah A. Willis and Hunterdon Development Company, respondents.
Judges: 
Reporter: New Jersey Equity Reports
Volume: 116
Pages: 596–597

Head Matter:
Journal Square National Bank of Jersey City and Hudson County National Bank, appellants, v. John W. Hetherington, Jr., Adrian E. Willis, Sarah A. Willis and Hunterdon Development Company, respondents.
[Submitted May 25th, 1934.
Decided September 27th, 1934.]
Messrs. McDermott, Enright <& Carpenter, for the appellants.
Mr. Charles Hershenstein, for the respondents.

Opinion:
Per Curiam.
The bill in this case was filed by a creditor to set aside two conveyances of real estate on the ground of fraud; the first conveyance by Hetherington and wife to Willis and wife, for the consideration of $1, and the other by Willis and wife to the Hunterdon Development Company. The learned vice-chancellor, to whom the case was referred, reached the conclusion that the latter conveyance was bona fide and free from fraud, and that this being true, the character of the former became unimportant in view of the fact that the development company was an innocent purchaser for value, and recommended dismissing the bill. A decree to that end was duly entered.
Our examination of the proofs leads us to the conclusion that the findings of fact in the court below were fully justi fied. We further agree that upon the payment of a fair consideration by the development company without knowledge of any intent on the part of Iietherington to defraud his creditors, its title could not be impeached.
The decree is therefore affirmed.
For affirmance — The Chief-Justice, Trenchard, Parker, Lloyd, Case, Bodine, Donges, Heher, Perskie, Van Buskirk, Kays, Hetfield, Wells, JJ. 13.
For reversal — None.