Estes v. Spain

This cause is submitted to the court upon bill, answers, exhibits, and proofs, from which the following facts appear:

S. H. Gunter, a merchant of the town of Sardis, in this state, was, on the twenty-fifth day of March, 1882, largely indebted to the complainants, and other merchants,—a number of whom are made defendants to the bill,—and on that day executed a deed of general assignment, purporting to convey all *715of Ms property, real and personal, and all his notes, books of account, and other assets of every description, to S. G-. Spain, as trustee, for the purpose of paying his debts, which,…