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GOODY'S, INC. v. STERN'S EQUIPMENT COMPANY

No. 1559.

110 A.2d 311 (1955)

GOODY'S, Inc., a corporation, Appellant, v. STERN'S EQUIPMENT COMPANY, Inc., a corporation, Appellee.

Municipal Court of Appeals for the District of Columbia.

Decided January 5, 1955.

Attorney(s) appearing for the Case

Arthur L. Willcher, Washington, D. C., for appellant.

Herman Miller, Washington, D. C., for appellee.

Before CAYTON, Chief Judge, and HOOD and QUINN, Associate Judges.

CAYTON, Chief Judge.

Stern's Equipment Co. sued Goody's for possession of restaurant property. The claim was based on the assignment of a lease which together with stock, fixtures and equipment had been transferred by a chattel mortgage to secure a debt of $14,000 owing to Stern. When Goody's defaulted, the trustees named in the mortgage caused the property to be advertised for sale at public auction, and at the sale Stern bought in all the chattels, including the...

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