Goodloe v. Anderson

Affirming.

Appellee, A.M. Anderson, as Receiver for the Citizen's National Bank of Richmond, Kentucky, brought this suit in the Madison circuit court in May, 1937, to recover of appellant on a note for $2,000 executed by J.D. Goodloe, now deceased, as principal, with appellant as surety. The note was subject to a credit of $742.79 paid out of the proceeds of the personal property of J.D. Goodloe, deceased, upon the settlement of his personal estate.

Appellant filed his answer and counterclaim admitting the execution of the note as surety for J.D. Goodloe but pleaded as a defense to appellee's…