Wells Oil Co. v. Marcus Oil & Supply Co.

This cause' was submitted on a- stipulation of facts, from .which it appears that, on or about the 5th day of April, 1921, the appellant sold to the appellee á carload of gasoline, .which, was shipped to the appellee at Marcus, Iowa. The appellant drew a sight draft upon the appellee for the amount of the purchase price of said car of gasoline, and this, together with a bill of lading for said shipment, was forwarded, at the appellant’s instance, by the Chatsworth Savings Bank, of Chatsworth, Iowa, to the First National Bank of Marcus, Iowa. ' It' is stipulated that the said First National…