On October 26, 1979, Reid leased a two acre parcel to Opportunities Investment Associates, Inc. ("OIA"). Willie L. Hazel Obituary - The Augusta Chronicle. Also as part of the batch of conveyances executed on July 17, 1980, Reid quit-claimed his interest in the two parcels comprising the lot at the corner of Laney Walker Boulevard and Sibley Street. Regardless of Reid's intent, the conveyances of July 17, 1980 were fraudulent because Reid transferred property for insufficient consideration while insolvent. 5 miles from town center of Augusta, this business is within Richmond County and will serve the surrounding areas of: Railroad Retirement Board, Beech Island, Belvedere, North Augusta, Peach Orchard, Breeze Hill, Forest Hills, Mixville, Stiefeltown, Burnettown, Martinez, Fort Gordon, Ft Gordon, Savannah River Plant, Dunbarton, Ellwood, Eureka, Campania, Berzelia, and Pumpkin Center. Three weeks later, Reid pled guilty to counts one and sixteen. One week later, on March 12, 1976, a tax lien was filed against Reid as a transferee of his father.
Her parents and beloved brother Darnell, precede... January 29, 1962. Unlike the other properties, Reid's ownership of the Flagler Road residence seemed to be virtually free from his father's controlling influence. At the time, there was a night club on this property. 8] Reid can rebut a prima facie case if he offers an explanation of the circumstances. Thus, the father's intent is imputed to Reid. Reid encumbered part of the ten acre tract on 314 Laney Walker Boulevard with a security deed in favor of First National Bank and Trust Company of Augusta ("First National Bank"), the predecessor in interest to Defendant SunTrust Bank, Augusta, N. ("Defendant SunTrust"). With sadness we announce the passing and services for 8th District GFSPA member Mr. Charlie A. Reid Jr., husband of 8th District GFSPA member Teresa Reid. C.a. reid funeral home obituary kingstree sc. The Government's remaining claims were tried in a bench trial held on February 22-23, 2000.
Fraudulent conveyances are voidable in respect of creditors. On March 6, 1929, Henry Perkins and Annie Cunningham Perkins of Buckingham County, Virginia welcomed into the world a son, James Roger Perkins. We recommend calling the funeral home: Arbor Memorial Inc. Robert J. Reid & Sons Funeral Home. Reid was ordered to pay a fine of $5, 000. ) The nominal nature of the recited consideration is obviously inadequate, under the circumstances, for the interest transferred. First, when Reid executed the $8, 000 promissory note to First National Bank on March 26, 1980, he encumbered a 1. 314 Laney Walker Blvd., Augusta, GA 30901. Even if the Government levied on Reid's interest in the Flagler Road residence, which is subject to exemptions, prior security interests, and the rights of parties in possession, any proceeds would satisfy only a tiny fraction of Reid's tax liability, which may be as great as $500, 000. 3) that the transferees knew of Reid's intent to defraud his creditors. According to Reid, his father received the income from this night-club although the property was titled in Reid's name. 5 acre parcel of the ten acre tract to Edwina Charles. ) She transitioned to eternity on November 30, 2022, from the Waylan... C.a. reid funeral home obituary shreveport. January 28, 1937. At some point either before or around the time of the bank fraud investigation, Reid became indebted to Richmond County as a result of a bail bonding business he once operated.
Reid holds only a life estate in an undivided one-half interest. 1380 Edwina Charles had either constructive or actual notice of Reid's fraudulent intent. Transportation of the deceased. C.A. Reid Sr. Memorial Funeral Home Augusta, Georgia (GA) | Who Passed On. On July 17, 1980, in the first batch of fraudulent conveyances, Reid quitclaimed his interest to Marcus and Katrina. ) There remains one more disputed 1980 conveyance. Inadequacy of consideration is another relevant factor. Edward Walker departed this life at the Wayland Nursing home i... October 30, 1982.
Reid claimed that he merely signed the deeds brought to him by his father. Around the time of his conviction, Reid's real troubles with the Internal Revenue Service began brewing. Reid Crain Obituary - Westlake Village, CA. 3) Every voluntary deed or conveyance, not for a valuable consideration, made by a debtor who is insolvent at the time of the conveyance. Various business have been operated on this land. Otherwise, the separate property of a spouse is not subject to the levy of the delinquent spouse's creditors.
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