Balmer v. Long

The opinion of the court was delivered by

West, J.:

The plaintiff bought of the defendants a stock of goods including “all book accounts now on books, and all notes, at one hundred cents on the dollar.” Upon coming into possession he found that several hundred dollars’ worth of the accounts were barred by the statute of limitations when purchased by him, and brought this action to recover the amount thereof. He alleged that as an inducement to sign the contract the defendants stated that $150 to $200 might be slow to collect, but all of them were good, and if not paid he could “come back on…