Bolt v. Hackley National Bank

On December 29, 1906, the plaintiff and several 'other men associated with him in business under the name* of the Muskegon Lumber Company were indebted to certain banks and others in the sum of about $10,000. To secure this indebtedness, they executed a quitclaim deed of a number of descriptions of real estate owned by them to the late Stephen, H. Clink, of Muskegon, as trustee, for the purpose of enabling Clink to execute a mortgage thereon to John W. Wilson, trustee, to secure payment of such indebtedness. The. mortgage was executed accordingly. There having been default in payment,…