Federal Finance Co. v. Humiston

Evanescent as the moonmist from which it was named, the household china Captain Neal A. Humiston bought from Lyle L. Sparber vanished before it materialized. Sparber promised the china, but failed to deliver. Federal Finance Company, Sparber’s assignee, demanded payment. Captain Humiston said he would not pay for something he did not receive — and thereby hangs this case.

Neal Humiston and Lyle Sparber were boyhood chums in Potlatch, Idaho; they played football on the same high school team and visited back and forth in each other’s home. After high school, they separated and went off to war.…