City Trust Co. v. Bankers Mortgage Loan Co.

Action for an accounting between the parties in reference, first, to an interest amounting to $35,000, in the note of $75,000, given by the W. D. Moore Lumber Company to the defendant, said $35,000 interest-claimed by the plaintiff to have been assigned to it on February 8, 1915, as part consideration for the purchase from the plaintiff of safety deposit vaults, lease, and good will, the consideration for the vaults being *533$75,000; second, for an accounting for rental of the vaults. The defendant denied liability, contending that the alleged sale of the vaults was an unlawful transaction and…