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BURLEY NEWSPAPERS, INC. v. MIST PUBLISHING CO.

No. 9723.

414 P.2d 460 (1966)

BURLEY NEWSPAPERS, INC., a Corporation, Plaintiff-Respondent, v. MIST PUBLISHING COMPANY, a Corporation, Defendant-Appellant, and Jessica L. Longston, Defendant.

Supreme Court of Idaho.

Rehearing Denied June 2, 1966.

Attorney(s) appearing for the Case

Duffin & Duff, Rupert, for appellant.

Parsons, Smith & Snow, Burley, for respondent.

McQUADE, Justice.

In 1961 Mist Publishing Company, a foreign corporation incorporated under the laws of Oregon, contracted to sell to Dean and Kathryn Lesher the "Burley Herald-Bulletin," a newspaper it owned and operated for 17 years in Idaho. The Leshers and their assignee, Burley Newspapers, Inc., executed promissory notes to Mist Publishing Company for the purchase price. The notes were secured by a chattel mortgage upon the property transferred to the buyers...

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