Mississippi-Louisiana Syrup Co. v. Russell Sugar Co.

Defendant on January 28, 1925, by written contract, sold to Mississippi Cane Syrup Company 485 bags of washed raw sugar.

The purchaser, for the reasons we shall later set forth, refused to accept the sugar and brought this suit for the return of the amount paid on account.

The contract provided that defendant should hold the sugar in its warehouse for not more than 60 days, subject to the orders of the purchaser, and the purchaser paid to defendant a sufficient sum to protect it against a drop in the market price. The balance of the purchase price was to be paid as the sugar was withdrawn from…