Freeman
Dot Records, Inc. v. Freeman
Opinion
Opinion
Bishop, J.
The plaintiff has appealed from the order, in this third party claim proceeding, which adjudicated that the Cadillac attached in the main action belonged to the third party claimants and not to the defendant. The defendant was the owner and in possession in November 1963, when she transferred title to the two claimants. Plaintiff contends that the transfer was without effect as to its attachment because it was one in semblance only, and also because it must be con clusively presumed fraudulent because of noncompliance with the requirements of section 3440, Civil Code. We are convinced that the transfer was void because it appears that the requirements of this section had not been met, and for that reason we are reversing the order.
Evidence was taken at the trial and we, here on appeal, are not questioning that the trial court was warranted in concluding that there was consideration for the transfer of the Cadillac to the third party claimants and that it was not a make-believe deal. However, as stated in Southern California Collection Co. v. Napkie (1951) 106 Cal.App.2d 565, 570 [ 235 P.2d 434, 437 ], “The question of good faith and adequate consideration for a transfer is…