Sands v. Superior Buildings Co.

This action resulted in a verdict and judgment in favor of defendant. It was based on a prior judgment in the same court.

The facts out of which the controversy arose are these: On August 7, 1952, plaintiffs, as partners, engaged in logging-operations entered into an agreement with the United States Department of Agriculture Forest Service whereby plaintiff agreed to purchase and remove 5,900,000 board feet of lumber in a designated area in Flathead County; plaintiffs on December 31, 1953, assigned their rights under the agreement to defendant in trust as security for moneys advanced by de*3fenda…