J. P. Gentry Co. v. Margolius & Co.

The bill in this ease was filed in the chancery court at Memphis on September 11, 1901, to recover for breach of contract to deliver to the complainant 5,000 bundles of cotton arrow ties, during August, 1901, at $1 per bundle.

The defendants do not deny making the contract, but claim that it ivas canceled by agreement of the parties.

The facts bearing upon this subject, so far as necessary to be stated, are as follows: The contract was made, as stated, on June 13, 1901, for the delivery of the 5,000 bundles of ties at the price stated, at any time during the month of August of the same year, at…