Texas Bridge Co. v. Brown-Crummer Investment Co.

The opinion of the court was delivered by

Hopkins, J.:

The action was one to recover damages because of failure and refusal to accept certain securities according to contract. Each party prevailed in part, and both appeal.

The plaintiff is engaged in the business of buying and selling road machinery and building bridges in the state of Texas. The defendant is engaged in buying and selling municipal securities. The plaintiff, in selling road machinery and doing bridge work for counties in Texas, ordinarily received its pay in county warrants. It had sold several issues of warrants to defendant…