Cargo Carriers, Incorporated v. Richmond Steel Company, Incorporated

HAYNSWORTH, Circuit Judge.

In this action for damages for breach of a contract to construct steel barges, tried to the court without a jury, the District Judge concluded that the contract had been rescinded by mutual consent. There is no great disagreement among the parties as to what was done and said, the issue being whether or not all of the facts and circumstances warrant the inferences drawn and the conclusion reached by the District Court. We think they do not.

Cargo Carriers, Inc. operates a fleet of barges from points in the upper Mississippi Valley eastward through the Great Lakes to…