Daniel v. Best

As this case comes to us on appeal it involves the liability of the estate of John Young, deceased, and of property of his estate in the hands of the defendants, Ruth Young Keith, Agnes Young Sherrick, and Grace Young Pike, to contribute to the payment of the indebtedness of two private banks in which he owned an interest during his lifetime. To a better understanding of the issues involved it seems advisable to set out a statement of facts upon which such liability is based.

In 1890 the Traer State Bank was organized, with its place of business at Traer, Tama county, Iowa. John Young was one…