Crosby Lumber & Manufacturing Co. v. Durham

Crosby Lumber Manufacturing Company, appellant, is engaged in the manufacture of lumber, and entered into a contract with C.C. Stockstill reading as follows: "This contract made and entered into this 2 day of November, 1935, by and between Crosby Lumber Manufacturing Company, a corporation, hereinafter referred to as first party, and C.C. Stockstill, hereinafter referred to as second party, witnesseth; For and in consideration of one dollar ($1.00) paid each other, receipt of which is hereby acknowledged by both, and other considerations hereinafter set out, first party and second party…