Hyndshaw v. Mills

Hobart, District Judge.

The appellee,. Hyudshaw, owned a garage business, ■ a stock of goods incidental thereto, and- certain accounts receivable. He alleges that he sold the same to the appellant, Mills, by oral contract, and that Mills agreed to pay for it as follows: (1) To pay the outstanding indebtedness that, had been incurred in the previous conduct of the business; (2) to pay a note of some $2,600- which Hyndshaw owed to the Thedford bank and which was secured by a trust deed to real estate given by his mother,’Dolly M. HyndshaAv; (3) to pay to Hyndshaw the balance then remaining of…