Singer Iron & Steel Co. v. Republic Iron & Metal Co.

LANE, Justice.

On the 6th day of May, 1930, the • Singer Iron & Steel Company and the Republic Iron & Metal Company entered into a written contract, by the terms of which.the party first named agreed to buy, and the second party agreed to sell, at Beaumont, Tex., 1,000 gross tons of steel scrap of certain described specifications, at $8.40 per gross ton, f. o. b. cars at Beaumont, Tex., docks. Terms set out in the contract relative to shipment aré as follows:

“Shipment during next ninety days at any time, or times, our option. We shall. give you notice due time when to start ioading, and you…