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NEW ROCHELLE TRUST COMPANY v. GRAB

Appellate Division of the Supreme Court of New York, Second Department
Jul 1, 1935
245 App. Div. 837 (N.Y. App. Div. 1935)

Opinion

July, 1935.


Order denying motion for an order granting judgment upon the ground that the complaint is insufficient reversed on the law and the facts, with ten dollars costs and disbursements, and motion granted, with ten dollars costs, without prejudice to plaintiff's serving an amended complaint within ten days from the entry of the order herein. If the complaint is to be considered as invoking the various provisions of article 10 of the Debtor and Creditor Law, plaintiff should show itself to have been a creditor at the time of the conveyances within the meaning of section 273 thereof; or that the indebtedness was incurred in connection with a business or particular transaction as comprehended by section 274; or that the conveyances were fraudulent as to a future creditor, if such in fact plaintiff was, in that they were made with the intention or belief that debts would be incurred beyond ability to pay as they matured, as required under sections 275 Debt. Cred. and 276 Debt. Cred. of the Debtor and Creditor Law. Nor does the complaint contain appropriate allegations to show that the conveyances were trusts for and on behalf of the debtors. Lazansky, P.J., Hagarty, Carswell, Scudder and Johnston, JJ., concur.


Summaries of

NEW ROCHELLE TRUST COMPANY v. GRAB

Appellate Division of the Supreme Court of New York, Second Department
Jul 1, 1935
245 App. Div. 837 (N.Y. App. Div. 1935)
Case details for

NEW ROCHELLE TRUST COMPANY v. GRAB

Case Details

Full title:NEW ROCHELLE TRUST COMPANY, Respondent, v. JACOB GRAB and Others…

Court:Appellate Division of the Supreme Court of New York, Second Department

Date published: Jul 1, 1935

Citations

245 App. Div. 837 (N.Y. App. Div. 1935)

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