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SALEM CO. v. MANUFACTURERS' CO.

No. 74.

264 U.S. 182 (1924)

44 S.Ct. 266

68 L.Ed. 628

SALEM TRUST COMPANY v. MANUFACTURERS' FINANCE COMPANY ET AL.

Supreme Court of United States.

Decided February 18, 1924.

Attorney(s) appearing for the Case

Mr. Alexander Whiteside, with whom Mr. Arthur Drinkwater and Mr. Raymond P. Baldwin were on the brief, for petitioner.

Mr. Robert G. Dodge, with whom Mr. Laurence Curtis 2d was on the brief, for respondents.

MR. JUSTICE BUTLER delivered the opinion of the Court.

On May 16, 1919, the Nelson Blower & Furnace Company, a Massachusetts corporation, assigned to the petitioner for a valuable consideration indebtedness to the amount of $45,000 due or to become due to the Nelson Company from the Murray & Tregurtha Corporation, under a contract whereby the Nelson Company was to construct certain engines for the latter. July 15...

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