Blake v. Sargent

PHILIPS, District Judge.

In the early part of 1903 Samuel W. King and James E. Maxwell formed a partnership under the firm name of King & Maxwell Paint & Glass Company, and thereafter conducted such business at Kansas City, Mo., until June 11, 1904, at -which time the concern was insolvent, owing debts to the amount of about $29,000. In Maxwell's testimony, on examination before the referee in bankruptcy, he said that the total amount of his assets was $13,000. He afterwards scheduled them at about $18,000. About the 20th day of June, 1904, on petition of creditors of the concern, a receiver…