Mississippi Supreme Court April 15, 1889 (Watts v. Bonner)

Cooper, J.,

delivered the opinion of the court.

*632Watts and Patton, who were merchants under the firm name of W. H. Patton & Co., agreed to make certain advances to Bonner, who was engaged in the turpentine business and in farming, to enable him to carry on his said business, and the advances were to be secured by the execution of a deed of trust which Bonner and wife were to execute.