Farmers' Union Mercantile Co. v. Anderson

The opinion of the Court was delivered by

Mr. Justice Hydrick.

Plaintiff sued on a note. Defendant set up a counterclaim, immaterial verbage omitted, as follows:

“That the above named plaintiff, together with the Home Bank of Barnwell, some time during the fall of 1914, organized an institution known as the ‘Farmers 'Union Warehouse,’ and induced the defendant to store therein eleven bales of lint cotton.

“That when defendant stored said cotton, the plaintiff contracted and agreed to hold said cotton for such time as the defendant would be able to obtain a fair price, and to insure said cotton,…