Legal Opinion

Moss v. Old Colony Trust Co.

Massachusetts Supreme Judicial Court

Decided September 13, 1923PublishedCited by 281 opinions

1Opinion of the CourtRugg, C.J.

• This is an action of contract by merchants resident in Buenos Aires, Argentina, who seek to' recover damages against the defendant, a banking institution of this Commonwealth, arising from its refusal to accept and pay four drafts aggregating over $2,000,000 drawn by them on the defendant under a letter of credit issued by it in their favor. The conditions out of which the case arises were the great • scarcity of sugar in the United States dining a part of 1920, with consequent exceptionally high prices. During that period purchases or contracts for the purchase and import of sugar from…

2Cases cited40 opinions

  1. Railway Co. v. McCarthySupreme Court of the United States · 1878
  2. Randall v. Peerless Motor Car Co.Massachusetts Supreme Judicial Court · 1912
  3. Glover v. Waltham Laundry Co.Massachusetts Supreme Judicial Court · 1920
  4. Eustace v. DickeyMassachusetts Supreme Judicial Court · 1921
  5. Koshland v. Columbia InsuranceMassachusetts Supreme Judicial Court · 1921

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3Cited by281 opinions

  1. Cook v. Farm Service Stores, Inc.Massachusetts Supreme Judicial Court · 1938
  2. Universal Adjustment Corp. v. Midland Bank, Ltd., of LondonMassachusetts Supreme Judicial Court · 1933
  3. Ashapa v. ReedMassachusetts Supreme Judicial Court · 1932
  4. Charles I. Hosmer, Inc. v. CommonwealthMassachusetts Supreme Judicial Court · 1939
  5. Commonwealth v. GalloMassachusetts Supreme Judicial Court · 1931

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