Fowler Bros. Cox v. Davis

Rogers & Company, incorporated, owned and operated a large number of retail merchandise stores, also a central distributing warehouse or storehouse in Knoxville, from which it supplied its retail stores. It proposed a sale to complainant of its stock of goods in this central warehouse on terms satisfactory to complainant, which included the payment out of the consideration of an indebtedness to complainant. Counsel for complainant conceived that the Bulk iSales Law (Chap. 133, Acts of 1901) applied and should be complied with. Counsel for Rogers & Company held to a different opinion, with the…