Salyers v. Golden

Opinion op the Court by

Judge Dietzman

Affirming.

In the summer of 1922 the appellant, Frank P. Salyers, and one N. C. Williams, were partners in a contracting business in Ashland, Kentucky. They sold a third interest in dhis firm to the appellee, Pete Golden. Thereafter, but just when does not appear, these three men incorporated this partnership and each took $5,000.00 worth of stock, which was paid for by the equipment of the partnership transferred to the company. In August of that year the company, which was styled “the Ashland Contracting Company,” secured a contract from the Dempster…