De Sousa v. Crocker First Nat. Bank of San Francisco

KERRIGAN, District Judge.

This is an action for damages, brought by the sellers of certain sugar against the Crocker First National Bank, as successor to the liabilities of tho Crocker National Bank.of San. Francisco, on account of the refusal of the bank to pay certain drafts. The facts are briefly these:

On May 13, 1920, plaintiffs, De Sousa & Co., sellers, and Hind, Rolph & Co., buyers (interveners in this action), entered into a contract of sale for 500 tons white Java granulated sugar, polarization 97/98 deg., at 20% cents a pound, c. i. f. San Francisco. On May 20,1920, in accordance with…