Bruce v. Ford

Redick, District Judge.

The petition in this ease declares upon a contract for the loan of money by the plaintiff to the defendant at the defendant’s request. The answer of the defendant contains a general denial, and alleges the invalidity of the contract, asserting that the transaction referred to in the plaintiff’s petition as a loan was in fact a gambling transaction involving trades in wheat upon the Chicago Board of Trade, in which the delivery of the wheat was not contemplated by either party, but that settlement was to be made, whether a profit or loss, upon the difference between the…