Sprague, Warner & Co. v. Iowa Mercantile Co.
Supreme Court of Iowa
Appeal from IAnn District Coart. — Milo I\ K.mitii, Judge. This is a suit in equity, to establish a claim in favor of plaintiff in the receivership of the Iowa Mercantile Company, an insolvent corporation. There was a judgment upon a counterclaim interposed by the receiver for damages for the alleged breach of certain contracts for merchandise sold to the corporation, and plaintiff appeals.
1Opinion of the CourtStevens, J.
During March and April, 1916, the Iowa Mercantile Company, a corporation conducting a mercantile business at Monticello and Cedar Rapids, Iowa, gave written orders to Sprague, Warner & Company, appellants herein, for merchandise for future delivery. The merchandise ordered consisted largely of canned goods, and various dates for the delivery thereof were specified. On September 7th, and before any of the merchandise was delivered, the Mercantile Company became insolvent, and K. T. Lamb was appointed receiver of its affairs and took immediate charge thereof, and, under the order of court,…
2Cases cited4 opinions
- Home Savings & Trust Co. v. District Court of Pole CountySupreme Court of Iowa · 1903
- Quarton v. American Law Book Co.Supreme Court of Iowa · 1909
- State Central Savings Bank v. Fanning Ball-Bearing Chain Co.Supreme Court of Iowa · 1902
- Pardoe v. JonesSupreme Court of Iowa · 1913
3Cited by8 opinions
- Pillsbury Co. v. WardSupreme Court of Iowa · 1977
- People v. Riverside UniversityCalifornia Court of Appeal · 1973
- Lane v. Crescent Beach Lodge & Resort, Inc.Supreme Court of Iowa · 1972
- Strong v. FriedmanAppellate Court of Illinois · 1931
- Firstar Bank Ames v. PostonCourt of Appeals of Iowa · 1996
3 more not listed; retrieve them via the Exa API.