Martin v. Fritz

This controversy arose over the pledging of a certain drilling machine by one W. E. Bergman to appellee, William Fritz, to secure an existing indebtedness owing from Bergman to Fritz, and, as claimed by appellee, to secure a loan made by Fritz to Bergman of $250, made shortly after the pledging of the property for existing indebtedness. Appellee, Fritz, was proceeding to foreclose the pledge and sell the drilling machine and equipment, when, on October 12, 1890, this action was instituted by appellant, Martin, claiming to be the absolute owner of the property in question, to enjoin appellee…