Southern Ice & Coal Co. v. Alley

The chancellor sustained a demurrer to the original and amended bills, and the complainants have appealed and assigned errors. The bills show that the ice company on August 23, 1911, bought from Alley certain personal property for the consideration of $1,000. On the same day it sold the same property to Alley at the same price, and the parties entered into a written agreement by which the title to the property was retained in the ice company “while said note remains unpaid,” and it was agreed that this “conditional sale should become absolute upon payment of said note, but, if it is not paid…