Stanton Trust & Savings Bank v. Northern Montana Ass'n of Credit Men

On October 26, 1925, plaintiff commenced an action in the district court of Cascade county to establish a claim against the estate of defendant’s assignor.

It affirmatively appears that the Valier Mercantile Company, a business concern of Pondera county, made a valid assignment for the benefit of its creditors on November 21, 1921, naming the defendant as assignee; that the defendant accepted the trust, duly qualified, and for more than four years continued, and still continues, to conduct the business of the insolvent as a going concern; has declared and paid dividends and discharged all the…