Reichel v. Schneider & Brown Lumber Co.

The plaintiffs were engaged in the logging and lumbering business on Dead river. In the summer of 1910, they built a mill at a place known as Dead river pond. Dead river empties into Lake Superior in the vicinity of the city of Marquette. They mortgaged the sawmill, together with the tools and equipments used therein, to one Edward S. Bice, representing the First National Bank of Marquette. This mortgage was foreclosed and a sale of the property covered by the mortgage was made. The purchaser conveyed it to Schneider & Brown, copartners. Subsequently, the defendant, the Schneider & Brown…