H. C. Whitmer Co. v. Richardson

Opinion op the Court by

Cread, Commissioner—

Reversing.

In February, 1930, J. B. Kindred of Panola, Ky., entered into a written agreement with the H. C. Wb.itmer Company, a corporation of Columbus, Ind., hereinafter called the company, whereby he was privileged to purchase on credit, at wholesale prices, medicines, extracts, stock foods, etc., manufactured and put up by the company. The contract provided in detail how payments should be made, the conditions under which discounts would be allowed, and for return after termination of the contract of unsold goods to be credited on account at…