Younglove v. Hoberg
Supreme Court of Iowa
Appeal from Woodbury District Court. — W. G. Sears, Judge. Action at law, to recover $1,500 deposited with' a bid for the construction of a certain building as a guaranty that plaintiff would enter into a contract if the same was awarded to him. A verdict was returned for the plaintiff, and defendants appeal.-
1Opinion of the CourtFaville, J.
The appellant Hoberg, acting for himself and others, solicited of certain contractors and builders in Sioux City, bids for the construction of a certain building. The specifications called for sealed bids, to be received by Hoberg up to 1:30 P. M. on July 12, 1921, and required that each bid must be accompanied by a certified check in the sum of $1,500, as a guaranty that the bidder was ready to enter into a contract for the installation of the work. The check was to be forfeited if the successful bidder should fail to enter into a contract. Appellee submitted a bid in writing within the time…
2Cases cited1 opinion
- McCormick Harvesting Machine Co. v. RichardsonSupreme Court of Iowa · 1893
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