McIlhenny Co. v. Blum

Gaines, Associate Justice.

The Mountain Home Co-operative Association, a private corporation, made a deed of assignment to appellee Woodworth Tor the benefit of creditors. Appellants and appellees Leon & H. Blum, proved up claims against-the insolvent corporation, which were duly filed with the assignee. The property having been administered and a dividend declared, this suit was brought by appellants to cancel the-claim of appellees, the Blums, and to restrain the assignee from paying over the dividend set apart to them. This claim was a. promissory note which reads as follows:

“On January 1,…