Clarinda Sales Co. v. Radio Sales Pavilion

A stipulation was entered into between the parties as to what each could prove by competent evidence.

On March 1, 1938, one D. D. Black of Red Oak, Iowa, purchased cattle at a public sale for the sum of $319.45 and gave his cheek payable to the Clarinda Sales Pavilion for $319.45, drawn on his account in the Houghton State Bank of Red Oak, Iowa, which check was returned on account of insufficient funds.

On March 2, 1938, D. D. Black was indebted to the Radio Sales Pavilion, a co-partnership operating a public sales pavilion at Shenandoah, Iowa, in the amount of $340.51. On the same day the…