Saccomano v. North Idaho Shingle Co.

GIVENS, Chief Justice.

The North Idaho Shingle Company, Inc., an Idaho corporation, owning a quiescent shingle mill and its two-acre site in Section 1, Township 56 North, Range 5 West of the Boise Meridian, about four miles north of the town of Priest River in Bonner County, in March 1949, was in straitened financial difficulties.

Edmund T. Brigham of Newport, Washington, as attorney for the Company, apparently had endeavored to have the creditors defer action on their claims and consent to some sort of settlement of the affairs of the Company. Evidently such efforts were fruitless and…