Marcoin, Inc. v. Hammond

LEE, Justice,

for the Court:

Co-administrators of the Estate of Harold G. Hammond, Deceased, sued Marcoin, Inc. in the Chancery Court of the First Judicial District, Hinds County, upon a license contracts) for the value of certain accounts owned by Hammond and the value of a license issued to him by Marcoin, Inc. The chancellor (Honorable J. C. Stennett) entered a decree in favor of the Hammond estate for the sum of thirty-six thousand six hundred sixty-one dollars forty cents ($36,-661.40) and Marcoin, Inc. [Marcoin] has appealed. We reverse in part.

The threshold question is whether or not a…