Planters Bank v. Ware

A married woman, borrowed from a bank $1,500, $1,000 of which, according to her own testimony, was procured for the purpose of enabling her husband to buy out his partner’s interest in a partnership. A check in the amount of the loan was turned over by the bank to the wife, who, after indorsing it, delivered it to her husband. On the same day and in a contemporaneous transaction the husband disposed of this check and of certain other monies belonging to him, as follows: $1,000 was paid to the partner in purchase of his partnership interest, and other and larger sums were paid by the husband…