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FIRST NAT. BANK OF BERESFORD v. ANDERSON

No. 12627.

291 N.W.2d 444 (1980)

FIRST NATIONAL BANK OF BERESFORD, South Dakota, Plaintiff and Appellee, v. Donald V. ANDERSON, Defendant, and Carla L. Anderson, Patrick E. Anderson and Julia M. Anderson, Defendants and Appellants.

Supreme Court of South Dakota.

Decided April 23, 1980.

Rehearing Denied May 29, 1980.

Attorney(s) appearing for the Case

James K. DeSaix of Miller Law Office, Beresford, for plaintiff and appellee.

Charles B. Haugland of Beck, Gubbrud & Haugland, Alcester, for defendants and appellants Carla L., Patrick E. and Julia M. Anderson.

DUNN, Justice.

Judgment was rendered against defendant Donald V. Anderson in the Circuit Court of the First Judicial Circuit in the sum of $115,567.10 and a conveyance from Anderson and his wife to their three minor children was set aside as fraudulent to creditors. This appeal is taken by the minor children from that portion of the judgment setting aside the conveyance. We affirm.

On December 12, 1972, Anderson received a loan from plaintiff, First National...

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