Stearns v. Morris Canal & Banking Co.

Supreme Court of New Jersey
Stearns v. Morris Canal & Banking Co., 24 N.J. Eq. 588 (N.J. 1874)

Stearns v. Morris Canal & Banking Co.

Opinion of the Court

The Chief Justice.

The facts out of which this controversy has arisen are fully stated in the opinion sent up with the case. 8 C. E. Green 414. It is not my purpose either to restate or discuss them.

The object of the bill is to set aside a certain conveyance, so as to let in upon the land a judgment held by the respondent, the ground being that the conveyance was made in fraud of creditors. The Chancellor, as I understand his views, granted the relief sought, from the conviction that the fraud imputed existed. This result was arrived at, not only from the fact that a full consideration was not paid for the land in question, but from that circumstance in connection with the other facts presented in the evidence. In this view I entirely concur, and shall vote to affirm the decree, with costs.

The whole court concurred.

Reference

Full Case Name
Stearns and others, and The Morris Canal and Banking Company
Status
Published