MacKall-paine Veneer Co. v. Vancouver Plywood Co.

Mitchell, J. —

In 1928, the Mackall-Paine Veneer Company, a foreign corporation, upon being duly authorized to do business in this state, operated a large business in Vancouver, Washington, in the manufacture of plywood, wood veneer, box shooks, baskets, boxes, etc. During that year, the Vancouver Plywood Company, a corporation, purchased the property, and on June 7, 1928,' executed and delivered to Mackall-Paine Veneer Company two promissory notes aggregating the sum of $250,000, due on or before five years from that date, payable to the order of Mackall-Paine Veneer Company, and at the same…