King v. Day

This is an action for breach of contract. The original judgment was reversed and the cause remanded by this court in King v. Day, 101 Neb. 346. On a retrial, plain*354tiff recovered a judgment for $4,990.50, from which defendant Appeals.

Defendant was the owner 'of all of the stock of the State Oil Company, a Nebraska corporation, which he sold to plaintiff. As part of the agreement, he ‘ ‘ guaranteed” that the corporation had merchandise on hand of the value of $6,797.37; that it owned 1,650 steel barrels; that the debts of the company did not exceed $21,950.75; and that the accounts receivable…