Farmers & Merchants Bank v. Geo. W. Stone Co.

For the convenience of counsel, as well as to avoid any controversy, the court prepares this memorandum of his finding in the above entitled case.

1st. The court finds that on May 15, 1925, the plaintiff was the owner of five §1,000 bonds of the Wymore Realty Co. of Cleveland, Ohio, of the total value of §5,000.

2d. That on said 15th day of May, 1925, the plaintiff sold to the George W. Stone Co. of Cleveland, the five $1,000 bonds of the Wymore Realty Co., and agreed to accept payment therefor from the George W. Stone Company five bonds of practically equal value, purporting to be bonds of a…