Vicksburg Waterworks Co. v. Vicksburg Water Supply Co.
Mississippi Supreme Court
From the circuit court of Warren county. Hon. George Anderson, Judge. The Vicksburg Waterworks Company, appellant, was plaintiff in the court below; the Vicksburg Water Supply Company, appellee, was defendant there. On the 23d day of March, 1900, appellee entered into a contract with one Grumpier, whereby it agreed to sell to Grumpier the property of the Vicksburg Water Supply Company after an inspection of the property by Grumpier, and on its proving satisfactory to him.
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From the circuit court of Warren county. Hon. George Anderson, Judge. The Vicksburg Waterworks Company, appellant, was plaintiff in the court below; the Vicksburg Water Supply Company, appellee, was defendant there. On the 23d day of March, 1900, appellee entered into a contract with one Grumpier, whereby it agreed to sell to Grumpier the property of the Vicksburg Water Supply Company after an inspection of the property by Grumpier, and on its proving satisfactory to him. This contract was assigned by Grumpier to the Vicksburg Waterworks Company for a valuable consideration. The contract…
1Opinion of the CourtOaliioon, J.
On a sale of its properties by the appellee it was stipulated that all its “liabilities” should be, by it, “liquidated or provided for.” The conditional contract of sale was agreed upon ox March 23, 1900, to be concluded if certain facts were ascertained on a “satisfactory examination” into its affairs. This contract was concluded August 8, 1900, “subject to all the provisions of the agreement to sell of date March 23, 1900.” The contention of the ajopellee is that the lien for taxes fixed as of February 1st of each year by the statute was not a “liability” which it was required to “liquidate…
2Cases cited1 opinion
- Long v. MolerOhio Supreme Court · 1855
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- Buskirk v. MusickWest Virginia Supreme Court · 1925
- H. H. Lupo v. State of MississippiMississippi Supreme Court · 1998
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