Dairymens' Cooperative Sales Co. v. Frederick Dairy, Inc.

*691OPINION

By ROBERTS, J.

It will be observed that as a matter of fact this Triangle Company was paying practically nothing for the purchase of this property, and giving but little, if any, security for the payment of the purchase price. This Triangle Company, admittedly at the hearing here, had assets of about $1,000, which had been derived by something over one hundred of the dairymen paying 5% on twenty shares, or $1.00' apiece, and a large portion of the property was taken care of in this way; that is, where the indebtedness was secured thereon that they simply assigned the indebtedness, so…