Atlas Torpedo Co. v. United States Torpedo Co.

The Atlas Torpedo Company sued the United States Torpedo Company to recover $6,000, which the plaintiff alleges is due under a contract for the sale of certain nitroglycerine, dynamite, acid, two frame houses and furniture therein, and other articles mentioned in the contract of sale. The written contract introduced provides that the consideration of $6,000 is to be paid as follows: The assumption by the United States Torpedo Company of a debt which the Atlas Torpedo Company owes the Atlas Powder Company, in the sum of $4,998.61, and the further assumption of a debt which the Atlas Torpedo…