JONES, Chief Justice.
This case involves operations under a timber sale agreement between the Hervey Lumber Company, a corporation, and the defendant, covering a portion of the Pisgah National Forest in North Carolina. Later the contract was transferred to the Hervey Veneer Company. The term plaintiff will be used in referring to either of these companies.
David E. Hervey was secretary-treasurer, vice president, and general manager of one company, and president...
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