Fortgang Brothers, Inc. v. Cowles

This suit in equity, alleging an oral agreement between plaintiff and defendant, was transferred to law and tried to the court. Plaintiff’s petition alleged under the agreement of about January 1, 1953, “defendant was to purchase eggs from producers in and about Volga, Iowa, and using funds therefor provided by plaintiff” and that “as soon as a quantity of eggs had been accumulated a shipment thereof was to be made to plaintiff and a sight draft” was to be “drawn on plaintiff by (defendant) for the eases of eggs shipped and the bank account of plaintiff would thereby be reimbursed for the…