Mayrath Company v. Helgeson

This accounting action brought by the Mayrath Company, an Illinois corporation, of Compton, Illinois, against Truman Helgeson, doing business as Helgeson Motor Company, of Lake Mills, Iowa, raises the question of whether a letter addressed to Mr. Les Hein, Mayrath Company, at Compton, enclosing a check for $646.71 “covering complete settlement of our account with yon”, became an accord and satisfaction when the check made out to the company was deposited to its account and the money never returned to defendant. By stipulation this issue was tried separately to the court, which found for…