Seco, Inc. v. Gauvey Rig & Trucking Company

PAULSON, Judge.

This appeal and demand for a trial de novo comes to this court from a judgment secured by the two corporate plaintiffs, after a trial before the district court sitting without a jury. Since the issues in both complaints were identical, the cases were consolidated for trial and, by stipulation, were consolidated for this appeal.

J. C. Gauvey and Mae Gauvey, officers and sole stockholders of Gauvey Rig & Trucking Co., Inc., in September of 1964, sold virtually all of the physical assets of the corporation at a public auction except for:

1. Oil field bed with rolling tail board and…