Lindgren v. Bailey

Plaintiffs made a contract with defendant Bailey in which they agreed to cut and land on the St. Louis river all timber such as sawlogs, fence posts, pulpwood, posts and ties from certain lands and to put all of such logs afloat in the main channel of the river. Plaintiffs brought an action to recover an indebtedness of $2,477.40 arising out of this transaction on. an account stated. A compromise settlement was made evidenced by a stipulation which included the execution and delivery of a $1,700 promissory note by defendant to plaintiffs. McCoy & Hansen, interpleaded as defendants herein,…