S. M. Weld & Co. v. Austin
Mississippi Supreme Court
Appeal from tlie circuit court of Panola county. Hon. N. A. Taylor, Judge. Suit by S. M. Weld & Co. against J. C. Austin. From a judgment for defendant, plaintiff appeals. Tbe facts are fully stated in the opinion of the court.
1Opinion of the CourtNeed, J.
This is a suit brought by appellants, Stephen M. Weld & Co., a firm doing business in the city of New York, against appellee, I. C. Austin, doing business in Panola county, Mississippi, under the firm name of Austin & Co., to recover the sum of one thousand and fifty dollars balance due upon an account for money advanced and loaned by appellants to appellee in the purchase and sale by him of cotton for future delivery..
Appellee filed three pleas to the declaration: (1) The general issue; (2) claiming that the amount sued for was for losses of appellee “on- contracts commonly called ‘futures,’…
2Cases cited1 opinion
- Ascher v. Edward Moyse & Co.Mississippi Supreme Court · 1911
3Cited by2 opinions
- Alamaris v. Jno. F. Clark & Co.Mississippi Supreme Court · 1933
- Burgson & Co. v. Williams, Smithwick & Co.Mississippi Supreme Court · 1929