Martin v. Sulfrage

Opinion of the Court by

Judge Miller

Reversing.

On September 1, 1907, the Corbin Steam Laundry Company, hereinafter called the Corbin Company for brevity, executed a mortgage upon its outfit to the American Laundry Machinery Company, of Cincinnati, *364Ohio, hereinafter called the American Company, to secure the payment of $1,625.00, the purchase price of certain machinery and fixtures. At .that time the stock of the Corbin Company was owned by Downing, Calvert, Riddle and Mershon.

In January, 1908, George A. Martin bought all the stock of the Corbin Company and continued to run the business, with C.…