Louisville Tobacco Warehouse Co. v. Calvert

Opinion op the Court by

Judge Clarke

Affirming.

Appellant, Louisville Tobacco Warehouse Company, beginning January 29, 1912, advanced to E. T. Calvert and E. L. Vallandingham, partners doing business under the firm name of E. T. Calvert & Company, various sums of money with which to purchase tobacco, to be prized, shipped to, and sold at, plaintiff’s warehouse in Louisville, upon which advancements the firm agreed to pay interest. The tobacco was not all sold until after the death of Vallandingham. in 1904, and when it was sold and the proceeds credited upon the account of Calvert & Company for…