Smith v. Gladney

DUNKLIN, Chief Justice.

This appeal by Bert K. Smith, defendant in the court below, is from a judgment rendered against him in favor of S. W. Gladney on an instructed verdict for an award in writing made to the plaintiff by a board of arbitrators, to whom the controversy between the parties had been submitted.

The controversy which was determined by the board of arbitrators grew out of the following transactions: On May 2, 1929, the plaintiff purchased from the defendant 10 bids on Chicago July wheat at $1.05, good until the'close of the market on July 15, 1929, on a basis of 10,000 bushels.…