Sanger Lumber Co. v. Western Lumber Exchange

The plaintiff owned and operated a sawmill in Benewah county, Idaho. Immediately surrounding it were considerable tracts of timber, which had been or could be obtained to operate the mill. The defendant was a lumber broker, having his principal place of business in Spokane, Washington. On November 13, 1919, these parties entered into a written contract, the salient features of which are the following: The plaintiff was to cut in its mill during the season of 1919-20 some two million feet of lumber, and the defendant was to finance the operation of the mill and the logging camp to an amount…