Hall's Self-Feeding Cotton Gin Co. v. Black

Hall, Justice.

On March 18,1881, the gin company, in ‘writing under seal, signed by both parties, appointed Warren, Wallace & Co., composed of Warren, Wallace and Cranston, agents at Augusta, to sell its gins upon commission. The agents were to receive 25 per cent on all sales and an extra 10 per cent on all cash actually paid by December Ast.

The contract, among others, contained these provisions:

All sales by Warren, Wallace & Co. were to

“ Be for cash, or notes with lawful interest ^rom December 1st until *452paid. Drafts made payable to the order of, and guaranteed by the said party of the second…