Appleton Electric Co. v. Rogers

The answer, so far as material on this appeal, admitted that the defendants, as assignees and trustees fop *332the benefit of creditors of the Stowell Company, on December 1, 1926, made a written contract with the plaintiff, which provided that the defendants “agree to sell all its real estate, buildings, and equipment for $30,000,”' and also, for $35,000, certain personal property which had been inventoried on October 31, 1926, but as to which the purchase price should be increased or decreased by a corresponding amount, if when an actual inventory was taken on December 31, 1926, it should be…