Ayers v. Wolcott

87 N.W. 906, 62 Neb. 805, 1901 Neb. LEXIS 277
Nebraska Supreme Court·Decided November 7, 1901·No. No. 10,424·Published·Cited by 1 cases

Opinion

Sedgwick, O.

This action was begun in the district court for Merrick county by this plaintiff to set aside conveyances alleged to be fraudulent, and to subject the lands conveyed to the lien of this plaintiff’s judgment. The trial court entered decree for defendants, and plaintiff has appealed.

On the 3d day of May, 1895, the plaintiff recovered a judgment in the district court for Merrick county against the defendant, Oliver S. Wolcott, for the sum of $2,292.50 and costs. The judgment was based upon a promissory note for $2,000 and interest, dated November 25, 1892. On the 23d day of November, 1892, the defendant, Oliver S. Wolcott, and Oalista Wolcott, his wife, deeded the lands in controversy, consisting of about 1,400 acres, to their four children. These deeds were executed at the same time and place. They were not recorded until the latter part of 1893, when they were recorded, one on the 20th of November and two of them on the 7th, and one on the 12th day of December. In the case of Bartlett v. Cheesbrough, 23 Nebr., 767, the son transferred to his father a stock of goods valued at $2,600, and the good faith of the transfer was challenged by the creditors of the son. The court, after mentioning some of the facts shown in the evidence as to the consideration paid by the father for the stock of goods, says: “Under these circumstances it devolved on the defendant in error clearly to establish the good faith of the transaction, and the actual existence of the several items of the alleged debt owing by the son to him. These facts we think he has failed to prove. Transactions between relatives, by reason of which such relatives derive an advantage from credit obtained from strangers, will be scrutinized very closely, and the bona tides of such transactions must be clearly established.” Plummer v. Rummel, 26 Nebr., 142; Adler & Sons Clothing Co. v. Hellman, 55 Nebr., 266.

The land constituted a tract which was, by the parties, commonly designated as the “ranch.” The defendant, [807] Oliver S. Wolcott, with his family, came to Merrick county from Iowa about the year 1880. Some of the children came with the family at that time, but it does not appear from the evidence definitely, how many. One of the sons was then twenty-one years old, the daughter was about eleven. The evidence does not show the ages of the other sons. It seems that some of the family had been here before that time, and that part of the land in question had been bought before the family came to this state. Upon coming here Mr. Wolcott homesteaded a quarter section of the land and made it his home with his family from the year 1880 until shortly before the transaction in question, when the father and mother removed to Central City, and one. of the children, the daughter, wént with them and was living with them at the time of the transaction in question. The other three defendants remained upon the ranch. The land was bought in tracts from time to time, but apparently none later than ten years prior to the transactions in question. The defendants testified that the boys bought this land; for one quarter they traded thirteen cows, and another quarter was bought from the railroad company at $5 per acre on ten years time. The evidence is not very clear in regard to the particulars of the purchase of the several tracts of land. One of the boys on the witness stand was asked:

Q. Did the three boys buy this land?

A. Not in particular.

Q. Did you in general?
A. In some cases and in some instances, what belonged to one, belonged to all.

The father and his family lived on this land for about twelve years, commencing in 1880. During that time all the business was done in the name of the father; the title to all of the land was taken in his name; notes and mortgages were given by him to secure the purchase price. These notes and mortgages were paid, generally, out of the proceeds of the farm. The father had a bank account, and the stock was bought and sold by the father, and the [808] proceeds of sales, in some instances, and so far as the evidence shows, went to his bank account. The evidence is quite voluminous. It can not be quoted here at length. But it comes very far short of showing “the actual consideration paid” to the father and the bona fides of the transactions.

Free access — add to your briefcase to read the full text and ask questions with AI

Ayers v. Wolcott, 87 N.W. 906, 62 Neb. 805, 1901 Neb. LEXIS 277 (Neb. 1901).

87 N.W. 906 (Ayers v. Wolcott) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Related

Omaha Cattle Loan Co. v. Shelly
131 N.W. 926 (Nebraska Supreme Court, 1911)