Peter Pan Seafoods, Inc. v. Olympic Foundry Co.

Olympic Foundry Co. (Olympic) appeals from a judgment entered against it in favor of Peter Pan Seafoods, Inc. (Peter Pan) for breach of warranty, both express and implied, written and verbal, concerning the sale of a diesel engine by Olympic to Peter Pan.

The facts are not in substantial dispute and may be summarized as follows. In the latter part of 1970, Peter Pan and John Chicoratich entered into an agreement whereby Peter Pan would finance the construction of a purse seine fishing vessel to be known as the F/V Lady Marilyn in consideration for the delivery by Chicoratich of his annual…