Summary

by John Marshall Harlan Shauer v. Alterton — Opinion of the Court

Proof of circumstances, short of actual notice, which should put a prudent man upon inquiry, authorizes the court or jury to infer and find actual notice; or, to express it exactly, good faith consists in an honest intention to abstain from taking any unconscientious advantage of another, even through the forms or technicalities of law, together with an absence of all information or belief of facts which would render the transaction unconscientious
Source: Wikisource

by John Marshall Harlan Shauer v. Alterton — Opinion of the Court

After observing that the law scrutinizes carefully all transfers of the failing debtor, and zealously guards the rights of creditors against fraudulent dispositions of the debtor's property, the court said that it was for that reason that transfers to one's wife or to members of his family are carefully scrutinized, experience having taught that such conveyances are more frequently fraudulent than transactions between strangers or those not intimately connected or acquinted.
Source: Wikisource

by John Marshall Harlan Shauer v. Alterton — Opinion of the Court

Upon the first of these questions the court said, generally, to the jury, that an intent upon the part of the debtor to delay his creditors in the collection of their debts was as much within the statute as if the intent had been to cheat or defraud; that while a debtor in failing circumstances was at liberty, acting in good faith and openly, to prefer some creditors over others, he could not, as against those not paid, reserve to himself a secret trust in any transfer
Source: Wikisource

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