Exporters' & Traders' Compress & Warehouse Co. v. Schulze

Prior to November IS, 1920, defendant in error, Gus Schulze, had delivered to plaintiff in error, hereafter called warehouse company, 19 bales of cotton for storage. Upon receipt of each bale of cotton the warehouse company delivered to Schulze a receipt, in which it agreed to redeliver the cotton to the legal holder of the receipt, or pay market value therefor, acts of Providence or fire damage excepted. November 18, 1920, while the cotton was In the warehouse it was totally destroyed by fire. Schulze brought suit against the warehouse company for the value of the cotton and alleged the…