Goodchild & Partners, Ltd. v. Ready Tool Co.

This is an action brought by Goodchild & Partners, Ltd., of London, England, against the Ready Tool Company, a Connecticut corporation, located at Bridgeport, Connecticut. The parties entered into a contract in 1916, by the terms of which the plaintiff was to purchase goods of the defendant, and the plaintiff was to have the right to return to the defendant whatever goods it had on hand at the termination of the contract, for which the defendant was to pay the plaintiff the current market value. The court found that the plaintiff performed all of the terms of the contract, that the contract…