Johnson v. Shirley

On and prior to the 12th day of December, 1896, William S. Jett and George W. Johnson were equal partners engaged as merchants in the sale of hardware and implements at' Lebanon, Indiana, under the firm name of “Jett & Johnson.” On that day, the firm being insolvent, these partners made a voluntary assignment of its assets and property to the appellee, George C. Shirley, under the provisions of the insolvent laws, for the benefit of all of the creditors of said firm. The deed of assignment was duly recorded on that^day, and appellee, as the trustee thereunder, assumed and entered upon the…