SLATER v. BRIGHT


248 S.W.2d 915 (1952)

SLATER v. BRIGHT.

Court of Appeals of Kentucky.

May 9, 1952.


Attorney(s) appearing for the Case

Allen Schmitt, Louisville, J. Ballard Clark, LaGrange, for appellant.

Bernard B. Davis, Shelbyville, for appellee.


CULLEN, Commissioner.

This appeal involves the question of whether one corporation, in paying the debts of another, pursuant to an informal agreement participated in by some of the stockholders and officers of both corporations, is precluded, as a volunteer, from asserting a claim against the debtor corporation for the amount paid.

On March 31, 1948, the U. S. 60 Wood Manufacturing Company was incorporated for the purpose of manufacturing hardwood flooring...

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