Bank of Palmer v. Haley

*545The opinion of the court was delivered by

Johnston, C. J.:

This suit involves features of the bulk-sales law. On November 12,1924, Ben F. Albright executed a note to the Palmer Bank for $2,800. Several payments had been made upon it which reduced it considerably. Albright owned a stock of goods at Palmer and also one at Clyde. He sold the Clyde stock in bulk to W. Y. Griffitts April 1, 1925, for $2,645 without compliance with the bulk-sales law. Within two weeks the bank notified Griffitts that Albright owed the bank and that it was looking to the stock for payment of the debt. About four weeks…