Wheeler & Motter Mercantile Co. v. Lamerton

SANBORN, Circuit Judge.

The Wheeler & Motter Mercantile Company, a corporation, brought an action at law against J. E. Reed, W. E. Lamerton, and F. B. Buzzard for $4,020.67, the unpaid balance of $9,300.97, the purchase price of goods it sold and delivered to J. E. Reed in July and August, 1922, for the Reed Mercantile Company, a corporation organized and incorporated in August, 1922. In its complaint, the plaintiff alleged that the three defendants, acting in the capacity of promoters of the proposed Reed Mercantile Company, between June 20 and June 24, 1922, purchased from it for that…