J. R. Watkins Co. v. Clark

Respondent, a manufacturer and wholesaler of drugs, medicines, and sundries, entered into an agreement 1 with appellant Clark, August 31, 1938, whereby it agreed to sell and he agreed to purchase various merchandise which he was authorized thereby to retail in the locality where he was then engaged in business. The other appellants, as sureties or guarantors for appellant Clark, signed the appended agreement. 2

January 8, 1940, respondent terminated the contract. At that time Clark was indebted to respondent in the amount of $2000.75. Merchandise was returned in the amount of $870, for which…