Pressed Steel Equipment Co. v. Thornburgh Pressteel Co.

Mr. Presiding Justice Barnes

delivered the opinion of the court.

This is an attachment suit brought by appellant against the Thornburgh Pressteel Company, as debtor, in which the Commercial Acceptance Trust was served as garnishee. The attachment was sustained, and judgment entered against the debtor for $5,598, and against said garnishee for $708.72. Appellant contends the latter judgment should have been for $4,622.55.

The Thornburgh Pressteel Company entered into a contract to sell said garnishee its accounts receivable. The contract, in which they are respectively referred to as the first…