L. H. Henry & Sons v. Rhinesmith

Plaintiff-appellee, L. H. Henry & Sons, is the publisher of a daily newspaper at Charles City, Iowa, known as the Daily Press. The defendants-appellants, D. B. Rhinesmith, M. J. Rhinesmith, and the Intelligencer Printing Company, were, prior to the 9th day of February, 1929, the publishers of a semi-weekly newspaper at Charles City, Iowa, known as the Twice-a-Week News.

On the 9th day of February, 1929, these parties entered into a contract by which the above-named defendants-appellants, in consideration of the payment to them of the sum of $5,000, transferred the subscription list and the…