In re People

The E. W. Bliss Company entered into a contract with the Santo Company, by which the latter agreed to machine-finish a large number of three-inch Russian shrapnel forgings. The Bliss Company was to furnish the forgings in accordance with its own specifications, and it was understood that they should be of steel that would yield “ tensile strength not less than 125,000 lbs. per sq. in., Elastic limit not less than 82,000 lbs. per sq. in., Elongation 2 inches not less than 10%.” Aiiy forgings found defective were to be replaced by the Bliss Company. To secure the performance of the contract by…