Black & Yates, Inc. v. Negros-Philippine Lumber Co.

Blume, Justice.

This is an action brought by Black & Yates, a Corporation, plaintiff, against the Negros-Philippine Lumber Company, a Wyoming corporation, defendant, for the recovery of $199,625. The plaintiff in its petition alleged that by a written offer made by defendant to plaintiff on February 14, 1916, and a written acceptance thereof made by plaintiff thereafter, defendant and plaintiff entered into a contract for the purchase by plaintiff of one million board feet of Philippine mahogany lumber at $50 per one thousand board feet, for 975000 board feet thereof and at $75 per thousand…