Court of Appeals of Texas April 6, 1882, No. 2233, R. Book No. 4, p. 221 (Marsalis v. Oglesby)

Opinion by

Willson, J.

§ 256. Assignment for the benefit of creditors. It is well settled that an assignment for the benefit of creditors is one “ upon consideration deemed valuable in law,” and is not embraced within the denunciation of the statute upon frauds and fraudulent conveyances. [Eev. Stats, art. 2466.