Yup, that's it. Merci beaucoup. I've heard it done locally many times by the Charles River Valley Boys, whom I assume were copying Jim & Jesse. The chorus does one of those high-low exchanges, if I'm not mistaken:

[High tenor] On the Jericho road,[bar and lead repeat]
[Bass] There's room for just two.[bar and lead repeat]
[HT] No more, no le-ess,[etc.]
[B] Just Jesus and you.

Nice, but you gotta practice...