Russell v. Halteman's Adm'x

Opinion op the Court by

Judge Ratlibp

— Reversing.

The Halteman Insurance Agency, a partnership composed of the appellee Lillian M. Halteman, J. A. Halteman and U. S. Evans, was organized in 1924 and engaged in a general insurance business in the city of Paducah, Kentucky, until the fall of 1937 or early part of 1938 when it sold its assets to appellants, the General Insurance Agency and John G. Russell.

It appears that during the time the Halteman Insurance Agency was in business it became indebted to the Hicks-Brady Company, of Nashville, Tennessee, in the sum of approximately $10,000 and also…