[Download] "Winnebago Auto Co. v. Bilstad" by Supreme Court Of Iowa. # eBook PDF Kindle ePub Free
eBook details
- Title: Winnebago Auto Co. v. Bilstad
- Author : Supreme Court Of Iowa.
- Release Date : January 20, 1942
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 59 KB
Description
This is an action in the nature of a creditor's bill to set aside a conveyance of real estate and an assignment of an interest in an estate made by O.E. Bilstad and joined in by his wife to his two daughters, Valborg Bilstad and Virginia Bilstad. The petition alleges that the conveyance to the daughters was made with the intent to hinder, delay and defraud the plaintiff in the collection of its said claim and that the daughters took the conveyance and assignment with full knowledge of such intent. [231 Iowa Page 615] The defense of O.E. Bilstad and his wife was a general denial. The two daughters filed answers in a form of a general denial with an admission that their interest in the real estate was subject to a mortgage in the amount of $600 to the Farmers Savings Bank of Joice, Iowa, and the affirmative allegation that they took the property under the deed and assignment subject to the right of the administrator to offset the debt of O.E. Bilstad to the estate of W.E. Bilstad. The separate defense of the administrator of the W.E. Bilstad estate was a general denial together with the affirmative allegation that any interest of O.E. Bilstad in the estate of W.E. Bilstad was subject to his right to retain out of and offset against the same the indebtedness of O.E. Bilstad to W.E. Bilstad arising from the payment by W.E. Bilstad of a certain note which was the obligation of O.E. Bilstad.