Iowa City Bank v. Weber
Decision Date | 22 June 1887 |
Citation | 33 N.W. 606,72 Iowa 137 |
Parties | THE IOWA CITY BANK v. WEBER |
Court | Iowa Supreme Court |
Appeal from Johnson District Court.
ACTION in equity to subject a certain note and mortgage held by the defendant Frances Weber to an execution issued upon a judgment rendered in favor of the plaintiff, and against the defendant's husband, Martin Weber. There was a decree for the plaintiff, and the defendant appeals.
REVERSED.
Baker & Ball, for appellant.
Milton Remley, for appellee.
The note and mortgage were executed for $ 300, being a part of the purchase-price of a tract of land sold by the defendant's husband to one King. The plaintiff insists that they are the property of the execution debtor; or, if transferred by him to his wife so as to pass title as between them, the transfer was without consideration, and made to hinder and defraud creditors. The defendant insists that she received the same by way of reimbursement for money advanced by her to her husband many years before. The evidence seems to be quite clear that the defendant received $ 500 from her father, which was used by her husband in removing an incumbrance from certain land standing in his name, and in making improvements thereon. The doubt, if any, is as to whether the advancement was not intended as a gift. The court below must have thought that it was so intended. We have read the evidence separately, and have reached the conclusion that it was not so intended.
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