Federal Coal Co. v. Royal Bank of Canada

(after stating the facts as above). We can see no reasonable question of the correctness of the court’s ruling upon the first cause of action. Indeed, the letter of September 6th was not intended to be the permanent obligation of the defendant, but only a contract with the buyer to write a letter of credit to the Jacksonville bank, which it did on the next day, and which was intended to be performance of the contract laid in the complaint. However, we see no reason to press this feature of the cause, and do not mean to rest our decision upon it, or upon any rights which its analysis might…