Thorndike & Hix Lobster Co. v. Hall

In October, 1924, William H. Bowhall was conducting a business in the city of Amsterdam known as “ Bowhall’s Fish Market.” Bowhall had theretofore purchased certain goods of the plaintiff and was indebted therefor. There were other creditors and Bowhall estimated the amount of his indebtedness at $2,500.

With his business in this situation he undertook to make a sale of the entire business to his brother-in-law, the defendant. The latter had no experience in the business and lived in a small village thirty miles away. The negotiations began about October first, and from time to time during the…