Bradford-Kennedy Co. v. Buchanan

Tacoma Lumber & Shingle Company, which had been shipping shingles to the plaintiff company in Nebraska and had already executed to it a chattel mortgage, had become embarrassed, and at a certain time the plaintiff’s president, one Bradford, consulted with the shingle company’s officers at Tacoma as to furnishing it further aid. With Crandall, the president of the shingle company, Bradford had long acquaintance. He had at one time been his employer, so he accepted his suggestion that defendant Buchanan act as a depositary or agent in further advances. The result was a conversation between…