Jennings v. Lamb

delivered tlie opinion, of the Court.

We granted certiorari, the case has been argued and we now dispose of same.

Jesse Lamb located a boundary of timber containing an estimated minimum of 1,000,000 board feet of timber not including oak. He was unable to finance the purchase of same by himself so be called on Perry Jennings to assist him. Jennings hás been engaged for several years in the business of finishing rough lumber and selling it as dressed lumber. Jennings furnished $15,000 of the $25,000 necessary to purchase the timber and took a mortgage on the timber as collateral security. The…