Smith v. Wells Manufacturing Co.

In the year 1892, the Wells Manufacturing Company, a corporation of Indiana, was indebted to numerous mercantile creditors in the sum of $17,000.00, and to the Findlay Window Glass Company in the sum of $9,000.00, and, to secure said indebtedness, executed, on the 8th day of March, 1892. a mortgage on its plant and certain of its other personal property to said Findlay Company, and on the 13th day of June, 1892, executed a mortgage to Smith, as trustee for said mercantile creditors, upon said plant. The proceedings herein were upon the consolidation of two suits by said mortgagees,…