Leffler Co. v. Pearson & Son

1. Where cotton factors sued customers for advances made on cotton consigned to them for sale, the customers could not set off • damages because of a sale of the cotton for a lower price than they had instructed it sold for, where, in accordance with the general custom and usage of the trade at the place of sale, the cotton was sold after the customers had failed to comply with repeated notices from the factors to deposit with them more margins, and where, in the opinion of the factors, the cotton was not a sufficient security for the .balance due them. Civil Code, § 3576; John Flannery Co.…