Case Name: Peter W. Estill v. Jesse Cobb, etc.
Court: Kentucky Court of Appeals
Jurisdiction: Kentucky
Decision Date: 1873-04-05
Citations: 6 Ky. Op. 257
Docket Number: 
Parties: Peter W. Estill v. Jesse Cobb, etc.
Judges: 
Reporter: Kentucky Opinions, containing the unreported opinions of the Court of Appeals
Volume: 6
Pages: 257–257

Head Matter:
Peter W. Estill v. Jesse Cobb, etc.
Fraud — Evidence.
The evidence was held to show that the purchaser' of mules, who knew that he was insolvent at the time of the purchase, did not huy them with the intention of not paying for them.
APPEAL FROM MADISON CIRCUIT COURT.
April 5, 1873
Burnam, Turner, Smith, for appellant.
Wm. Chenault, for appellee. .

Opinion:
Opinion by
Judge Lindsay :
The proof in this, case does not sufficiently sustain the charge of fraud. It may be that Jesse Cobb had misled Smith as to his solvency, but it does not appear that it was done for the purpose of inducing him to vouch to Estill as to his ability to pay for the mules. It may also be true that Cobb knew he was insolvent when he bought the mules, but it does not necessarily follow that he .did not intend to pay for them. He may have believed that he would be able, finally to extricate himself from: his difficulties and pa,y all his debts. The fact that he kept the mules on his place, in Madison County a few miles from where Estill lived for over four months, shows that it was not his object to buy them on credit, and then convert them, into money, and refuse to pay for them'. He seems to have given up everything to his creditors when he made the deed of assignment for their benefit.
Judgment affirmed.