Barnwell & Hays, Inc. v. Glen T. Sloan

This diversity case involves an alleged breach of a contract for the sale of cotton. On February 21, 1973 defendant-appellee Glen T. Sloan, a cotton farmer, contracted to sell all the cotton grown on two hundred acres during the crop year 1973 to Stone Cotton Company. Stone Cotton Company subsequently assigned all its interest in the contract to plaintiff-appellant Barnwell & Hays, Inc. Defendant performed the contract in full until December, 1973. At that time defendant contacted Sherman Stone, agent of Stone Cotton Company, and informed him that the cotton gin which defendant had been using…