Georgia-Pacific Plywood Co. v. Miller

TATE, Judge.

This is a suit on an open account for lumber and wood products in the amount of $453.91 sold by plaintiff to defendant from March 25-October 31, 1952. Defendant appeals from judgment in favor of plaintiff as prayed for.

Defendant does not deny receipt of the merchandise in the amount of $453.91 as prayed for; but by reconventional demand in the amount of $790.06 urges that its debt to plaintiff was extinguished by compensation.

“Compensation takes place of course by the mere operation of law, even unknown to the debtors; the two debts are reciprocally extinguished, as soon as they…