Calhoun, Trustee v. Drass

Opinion by

Mr. Justice Kephart,

After a careful consideration of the facts involved in this appeal, we adopt in substance those found by the court below:

John N. Drass, an insurance real estate agent, enjoyed unlimited credit and conducted what was generally believed to be a profitable and successful real estate and insurance business in the Borough of Hollidaysburg for upwards of twenty years prior to July 1, 1930. At that time he was indebted to his father John B. Drass to the extent of $7,500, representing money borrowed. Sometime prior to July 1,1930, Dorothy B. Lamison and husband made a…