The sale of any franchise under execution must be made in the county in which the person, firm, association, company, or corporation has its principal place of business.

[(30-206) R.S., sec. 2647; reen. R.C. & C.L., sec. 2783; C.S., sec. 4766; I.C.A., sec. 29-206; am. 1941, ch. 102, sec. 6, p. 183.]