WOLVERTON, District Judge.
Prior to 1918, C. H. Scranton and Harris French were partners, engaged in mercantile business, consisting of men's furnishing goods, at La Grande, Or. In that year Scranton bought French's interest; the purchase price being $10,000. Scranton borrowed the money from the La Grande National Bank with which to make the purchase. The note given for the loan was never paid in full, but was reduced to $8,000. Scranton continued to carry on the...
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