Rector v. De Arana

CLAYTON, Justice.

This is a suit for damages for breach of contract filed by appellee against appellant, alleging that the latter refused to comply with the terms of a lumber purchase contract.. The contract called for the sale by appellee and purchase by appellant of one million board feet of lumber from ap-pellee’s stock in “La Norteña”, Chihuahua, Mexico, delivered to La Mesa- Huracan, Chihuahua, in four lots of 250,000 board feet each, each shipment to be paid for by appellant with a letter of credit in the amount of $15,000.00 until the million board feet had been delivered and the…