Hays v. Merkle

Richard Merkle, of St. Louis, was a creditor of the Stein hauser-Merkle Supply Company, of Wichita, Kansas. To secure this indebtedness he went to Wichita in May, 1888, and obtained a chattel mortgage on the stock of said corporation, which also executed a mortgage of its accounts to the Citizens Bank of Wichita, another creditor, and at the same time turned over to its attorney Houston about $1,000 of solvent accounts for his fees past and future. Merkle placed his son in charge of the mortgaged effects, and returned to St. Louis. There was evidence, given by the attorney Houston and his…