Baxter v. Baxter

A prerequisite for. an. understanding of the questions involved is a statement of the facts íeading up to and forming the issues.

For many-years, Baxter Brothers & Company, a copartnership, operated a private banking institution at Ida Grove. On the .19th day'of Janúary, 1925,-that'concern was-declared insolvent, and a receiver appointed by the -'district court of Ida County. Appellee I. N. Shearer was named and qualified as such receiver. Before this time, .however, on thé’17th day of December, 1923, a certain business establishment consisting of Howard Deal, appellant herein, and Melvin…