Ward v. American Agricultural Chemical Co.
Court of Appeals for the Fourth Circuit
Appeal from the District Court of the United States for the Eastern District of South Carolina, at Charleston; Henry A. Middleton Smith, Judge. In the matter of the estate of Floyd & Hayes, bankrupts. From an order allowing in part the claim of the American Agricultural Chemical Company (225 Fed. 262), R. E. Ward, trustee in bankruptcy, appeals.
1Opinion of the Court
WOODS, Circuit Judge.
This appeal involves the right of the American Agricultural Chemical Company to certain notes, mortgages and open accounts claimed by it under a contract with the bankrupt firm of Floyd & Hayes. The contract dated January 14, 1914, provided that the American Agricultural Chemical Company would furnish Floyd & Hayes a quantity of fertilizer for which they gave their unconditional promise to pay at a future time. The contract contained the following stipulations:
“On May 1, next, or when called on, you agree to deliver us all cash for cash sales, and all the notes you have…
2Cases cited9 opinions
- Greey v. DockendorffSupreme Court of the United States · 1913
- Preston National Bank v. George T. Smith Middlings Purifier Co.Michigan Supreme Court · 1890
- Booth v. . KehoeNew York Court of Appeals · 1877
- Tingle Adm'r v. FisherWest Virginia Supreme Court · 1882
- Townsend v. Ashepoo Fertilizer Co.Court of Appeals for the Fourth Circuit · 1914
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3Cited by8 opinions
- Industrial Finance Corp. v. CapplemannCourt of Appeals for the Fourth Circuit · 1922
- Highland Park Mfg. Co. v. SteeleCourt of Appeals for the Fourth Circuit · 1916
- In re ShipleyDistrict Court, D. Maryland · 1928
- In re TansillDistrict Court, W.D. South Carolina · 1922
- In re NaderDistrict Court, E.D. Michigan · 1921
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