The general rule is stated as follows: One who buys from the vendee or assignee of a debtor, may himself take a good title to the goods so bought, even though the debtor's vendee who buys, had notice of the fraud on the creditors of the debtor, if the one who buys from the debtor's vendee does so in good faith and for value, without notice of the fraud.19 A purchaser in good faith for full value, without notice of defects in the seller's title, can hold the property as against an attacking creditor of the corporation from which the seller obtained it, even if the seller had notice of the insolvency of the corporation, and his title would have been invalidated thereby.20 Even the vendee of the debtor would acquire a good title if he has no notice of the fraudulent intent on the creditors,21 and acted in good faith and was a purchaser for value.

17 Hopper vs. Callahan, 78 Md., 529.

18 Saltus vs. Everett, 20 Wendell, 267.

19 Anderson vs. Roberts, 18 Johnson (N. Y.), 515.

If the title in the vendor is defeasible upon the act of some one having a paramount title, the vendor in such a case continues nevertheless to have the rights of the true owner in so far as he transfers the title to a 'bona fide purchaser, and such a purchaser where he has paid a value and purchases without notice of the fraud, or of the fact that the character of the title is such as may be voided, he then acquires a title which cannot be avoided, it is no longer defeasible.