Corbett v. Underwood
Illinois Supreme Court
Appeal from the Circuit Court of Cook county; the Hon. John Gr. Bogers, Judge, presiding. This was an action of assumpsit, by the appellant against the appellee. The material facts of the case are stated in the opinion of the court.
1Opinion of the CourtJustice Craig
This was an action, brought by John Corbett against Phineas L. Underwood, to recover a certain amount of money lost in a grain transaction in Chicago.
It appears, from the evidence, that Corbett, who resided at Jerseyville, on the 15th day of May, 1873, gave appellee, who was a commission merchant in Chicago, doing business under the firm name of Underwood & Co., an order to purchase for him 50,000 bushels of corn, to be delivered at any time during the month of August, at seller’s option. $2000 was deposited as a margin. The corn was purchased at 45 cents per bushel, and so reported to…
2Cases cited2 opinions
- Markham v. . JaudonNew York Court of Appeals · 1869
- Mœller v. McLaganIllinois Supreme Court · 1871
3Cited by18 opinions
- Emery v. Atlanta Real Estate ExchangeSupreme Court of Georgia · 1891
- In Re Rosenbaum Grain CorporationCourt of Appeals for the Seventh Circuit · 1939
- Durkee v. CarrOregon Supreme Court · 1900
- Smith v. . CraigNew York Court of Appeals · 1914
- Immel v. Travelers Insurance Co.Illinois Supreme Court · 1940
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