Park v. Johnson & Rather

GILL, Associate Justice.

J. S. Johnson & Co., a firm of merchants engaged in the drug business, executed a preferential deed of trust whereby their stock of goods was conveyed to H. H. Parker and S. D. Johnson, as trustees for the benefit of certain named creditors. The failing firm was composed of J. S. Johnson and I. Pope. The date of the trust deed was April 7, 1896.

The Gibbs national Bank, one of the creditors named, refused to accept under the trust deed, brought suit against J. S. .Johnson & Co. on their debt, and had a writ of attachment levied on the stock of goods in the hands of the…