Garner v. Hallum

Appellant J. H. Garner and His wife were formerly in the mercantile business, as copartners, in the village of Coy, in Lonoke County, and in November or December, 1919, Mrs. Garner sold her interest in the business to her son, George, and thereafter the business was conducted by J. H. Garner and son, George, under the firm name of J. H. Garner & Son until November 15, 1923, when they executed a deed of general assignment for the benefit of creditors.

The consideration for the sale by Mrs.'Garner to George Garner was the sum of $1000, paid in cash, and three notes for the sum of $787 each, due,…