79 Wis. 161 | Wis. | 1891
This action is in tbe nature of a creditors’ bill, wherein tbe plaintiff seeks to have set aside certain conveyances, alleged to be fraudulent as against creditors. It is not necessary to give a summary of tbe matters stated in tbe complaint. It appears from it that J. C. Lewis and
The defendant E. Neff and wife demurred to the complaint on the grounds “ (1) that it appears on the face thereof that the court has not jurisdiction of the subject matter of the action; (2) because it appears on the face of the complaint that the plaintiff has not legal capacity to sue; (3) because the complaint fails to state a cause of action.”
The first and third grounds of demurrer may be considered together. The specific objection to the complaint is that it does not appear that the judgment creditors have exhausted their legal remedy for the collection of their judgment, and it is said that this is essential before a court of equity will interfere to reach property held in trust, or
But it is contended that the return on the execution should have been set forth in hcec verba, so that the court could determine whether or not -the execution was unsatisfied. If that were done, the court could only read the words of the return, which would not enlighten it greatly on that point. The presumption is that the return is correct, according to the real facts, and that the officer did his duty in endeavoring to find property of the judgment debtor out of which he could collect the amount named in the execution. It certainly was not necessary that the complaint should give a full history of the officer’s proceed
It is further said that the complaint is bad because it does not allege that the judgment debtor had no other property than that described to satisfy the judgment. We do not think that any distinct allegation to that effect was essential. It does appear by satisfactory evidence that the judgment debtor had no property which could be reached through the process of the courts, and that he is insolvent. When the allegations of the complaint are considered altogether, there is no ground for saying that the complaint shows that the judgment debtor had other property or things in action out of which the judgment could have been collected. There was in Marston v. Dresen, 76 Wis. 418, an allegation in the complaint that the conveyances there attacked were without consideration, and that the debtor had no other property to satisfy the plaintiff’s judgment. But no importance was given to this averment. Of course it must clearly appear in every case of this kind, from the complaint, that the plaintiff has exhausted his legal remedies, and has been unable to collect his judgment, before he can maintain a creditors’ bill. But this is shown in the present case by the usual averments of the complaint.
We shall spend no time in endeavoring to show that, if the conveyances and transfers of property were made as charged in the complaint, they are fraudulent and void as to creditors. Gettelmann v. Gitz, 78 Wis. 439. It is elementary law that conveyances and transfers of property made under such circumstances are deemed fraudulent. True, a solvent debtor may do what he will with his property, so long as he pays his debts; but he has no right to give away his property, either to his wife or others, and thus deprive himself of means to pay his honest obligations. The law imputes fraud to such transactions, for it requires
By the Court.—The order of the circuit court is affirmed, and the cause is remanded for further proceedings.