Hackley National Bank v. Jeannot

The defendants are husband and wife, and, for many years prior to the commencement of this suit, they were engaged in mercantile business in the city of Muskegon as equal copartners, under the firm name and style of “ J.. O. Jeannot & Co.” They being indebted as such copartners to the plaintiff bank and a number of other creditors, under an arrangement by which they, as. such copartners, gave the bank a mortgage on their stock of goods, etc., the bank furnished them sufficient money to pay up the other creditors, whose claims, together with what was owing the bank at that time, amounted to…