Othoudt v. Addison Fur Corp.

Charles V. Othoudt and E. Pearl Othoudt invested $4,000 in two pairs of silver black foxes, claimed to be of a particularly fine strain. It was expected that there would be a large profit made from their increase. Plaintiffs ranched the foxes at one of the fox farms of defendant Addison Fur Corporation. Two contracts were entered into, one referring to the increase from the foxes, and the other, dated October 1, 1927, referring to a ranching fee of $150 per year for each pair of foxes. The latter contract contained the following provisions:

“Neither said foxes nor the benefits accruing to…