Stark v. Sperry

The Chancellor:

— The complainants, being engaged in the manufacture of whisky, and having a large stock on hand, about the 1st of September, 1869, through J. C. Stark, one of the partners, applied to the firm of Sperry & McCrory, then engaged in business at Nashville as factors and commission merchants, and having a large store-house, to ascertain upon what terms they could store whisky with the firm and obtain advances thereon. He was told that it was part of the business of Sperry & McCrory to receive whisky on storage, and that the firm was prepared to make liberal advances on the same.…