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COMMERCE BANK OF LEBANON v. HALLADALE A CORP.

No. 11785.

618 S.W.2d 288 (1981)

COMMERCE BANK OF LEBANON, a corporation, Plaintiff-Respondent, v. HALLADALE A CORPORATION, a corporation, Larry Mahan, Beverly Ann Mahan, Larry G. Mahan, Trustee, Milton D. Mahan and Harold D. Mahan, Defendants-Appellants.

Missouri Court of Appeals, Southern District, Division One.

June 17, 1981.

Attorney(s) appearing for the Case

Gary A. Love, Love & Doran, Springfield, Jack L. Miller, Lebanon, for defendants-appellants.

Thomas J. O'Neil, Lebanon, for plaintiff-respondent.

FLANIGAN, Judge.

Defendants appeal from a judgment setting aside certain transfers, including an assignment of shares of stock and a deed. The trial court found that the transfers were fraudulent as to plaintiff Commerce Bank of Lebanon, ("the bank"), as a creditor of Harold M. Mahan, ("Harold"), and Frieda O. Mahan, ("Frieda"), his wife.

In 1974 the bank made loans to Harold evidenced by four notes which were covered by a continuing written guaranty signed...

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