S. M. Maggard Son's Trustee v. J. E. Cobb Co.

Reversing.

Prior to the spring and summer of 1923, S. M. and G. B. Maggard, father and son, were partners engaged in the retail mercantile business at Prestonsburg. They had done a large business and were apparently prosperous before that time. They owned a storehouse and dwelling-house, and the younger Maggard owned a one-half interest in his own home, while his wife owned the other half.

For some reason, not fully explained, in the spring and summer of that year they got behind in the payment of their bills to wholesale houses, and in the latter part of the summer and the earlier part of the…