Davis Sulphur Ore Co. v. Atlanta Guano Co.

The Davis Sülphur Ore Company entered into a written contract with the Atlanta Guano Company, whereby it sold to the latter certain sulphur ore, the guano company agreeing to pay for the same at a certain time after delivery at the port of Charleston or Port Royal, South Carolina, or Savannah, Georgia. The ore was purchased in Europe and transported by water to this continent. Before its arrival in this country, the vendor ascertained that the vendee had become insolvent, and'it exercised its right to stop the ore in transit. Before its arrival at the port of destination, the vendor resold it…