Frost, Trustee v. Mason

TARLTON, Chief Justice.

On December 23, 1895, A. B. Patterson, On an insolvent merchant, engaged in a retail business at Greenville, Texas, executed to E. L. Frost a deed in trust or chattel mortgage whereby he conveyed to Frost, as trustee, his stock of merchandise, to secure the following named creditors in the order and for the amounts thus 'stated: E. L. Frost, $900; Burnham, Hanna, Hunger & Co., $2028; Matthews & Neyland, $250; Greenville National Bank, $5700; John V. Farwell Co., $105; Adolph Babbitt & Co., $138.

The benefits of the instrument were accepted by all the creditors therein…