Hyman-Michaels Co. v. Ashmus Equipment Sales Corp.

Each party is a dealer in construction machinery and equipment. They had a number of deals with each other whereby Hyman-Michaels Company sold or otherwise furnished to the Ashmus Equipment Sales Corporation, or to others upon order of Ashmus, various items of machinery and other equipment. On July 15 or 16, 1949, the parties discussed their mutual account and Hyman-Michaels Company furnished Ashmus Equipment Sales Corporation a statement showing that Ashmus was then indebted to Hyman-Michaels Company on a net balance of $5,182.16. On July 16, 1949, the Ashmus Equipment Sales Corporation…