Valley Refining Co. v. Rock Island Refining Co.

In February of 1927, Wilson Brothers Refining- Company and the Rock Island Refining Company entered into a contract whereby the former agreed to sell and the latter to purchase 35 tank cars (8,000-gallon capacity) of gasoline at an agreed price of 7% cents per gallon, shipment to be made at approximately a car a day.

This agreement was evidenced by written communications between the two companies. The quality of gasoline was specifically agreed upon and described in the order.

When the purchasing company had received, accepted and paid for 15 cars of gasoline, it notified the selling company to…