Brown Bros. & Co. v. Potter

Trenoweth was engaged in the mercantile business in Georgetown and Central City, Colorado, for some years, but became embarrassed about the middle of 1896. He was then indebted to the Rocky Mountain National Bank of Central City, of which Mr. Potter was the representative, as well as to divers other parties in the vicinity, and to some foreign creditors. Being pressed by his creditors he entered into-negotiations with Potter with reference to the sale of the property, in order to settle the notes held by the bank and sundry notes which were outstanding and due to certain other parties who…