Anglo-American Mill Co. v. First National Bank

The Anglo-American Mill Company, a Kentucky corporation, made a contract with a Mr. Cowden, to whose rights and liabilities thereunder the Cowden Mill and Elevator Company, one of the defendants, has succeeded, whereby the mill company agreed to, and did sell, and Cowden agreed to, and did buy of the mill company, certain mill machinery which he put into a mill erected on his premises at Silt, Colorado. The transaction between the contracting parties was evidenced by several written agreements, including a so-called license contract or purchase agreement, and a number of promissory notes…