Felt v. Cleghorn

For some time prior to the first of August, 1889, Ewing & Felt were engaged in the mercantile business in Monte Yista. At that time Corthell, one of the appellants, was operating a ranch near that place and had some stock running on the range. About the 7th of August negotiations were commenced between Ewing and Corthell for the sale and purchase of Ewing’s interest in the firm, which was doing business under that firm name of Ewing & Felt. The deal *5was completed by the transfer of Corthell’s stock to Ewing some time during that month. The time of the transfer is one of the most material…