MR. JUSTICE SWAYNE delivered the opinion of the court.
This is an appeal in equity. The appellants are the complainants in the bill. The facts material to the determination of the case lie within a narrow compass, and may be briefly stated. There is no controversy about them.
On the 22d of May, 1866, the appellee, A.B. Montgomery, was indebted to the firm of Estlin & Co., of New Orleans, in the sum of $158,777.55. He made his sixty promissory notes of...
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