New York Court of Appeals January 29, 1878 (Kohler v. . Matlage)

Church, Ch. J.

The plaintiff’s testator and one Chapman had been copartners in manufacturing bread in the city of New York. The plaintiff, after the death of her testator, sold to Chapman her interest in the property and business* of the firm for the sum of $3,000, the latter agreeing to pay all the debts of the firm, and certain rents and taxes, and to give a “ purchase-money ” chattel mortgage