A FORECLOSURE AND A RE-SALE

By Marcus Leonard
Published on March 1, 1953

An operator, whom I recognized as a good one, decided to buy the
old 20 hp. engine but said, ‘I will sign no settlement until
the engine proves it will do the work.’ I did not believe
anything was wrong with the cylinder but requested the company to
ship a new cylinder and valve. A cylinder then invoiced at $48.00.
I did not care to take chances. The old cylinder and valve were

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