Bank of Kentucky v. Herndon
Court of Appeals of Kentucky
CASE 88 — PETITION EQUITY APPEAL FROM CLARK CIRCUIT COURT. CITED— 19 Vermont, 288; Washburn vs. Bk. of Bellows Fall. 46 Maine, 258; Croolcer vs. Crooker. 7 B. Mon., 210; Black vs. Bush. 1 Parsons on Contracts, p. 20á, fifth edition.
1Opinion of the Court
JUDGE ROBERTSON
delivered the opinion of the court:
John Stubblefield and William Stubblefield, partners in a drug store in Winchester, Kentucky, becoming insolvent, and owing both individual and partnership debts, John, owning no other than partnership property, conveyed it to J. P. Herndon in trust, for paying all his debts, including a debt to the Bank of Kentucky, due by him as principal, and William Stubble-field as his surety; and another debt due to the same bank by William as principal, and himself as surety, *360each for money borrowed for their individual use before they became partners.
Th…
2Cited by3 opinions
- Couchman's adm'r v. MaupinCourt of Appeals of Kentucky · 1879
- Power Grocery Co. v. HintonCourt of Appeals of Kentucky · 1920
- In re CollierDistrict Court, D. Kentucky · 1874