Morris v. Supplee
Supreme Court of Pennsylvania
Appeal, No. 183, Jan. T., 1903, by-defendants, from judgment of C. P. No. 4, Pbila. Co., Dec. T., 1900, No. 643, on verdict for plaintiff in case of William McK. Morris and Edwin J. Morris, trading as Morris & Company, v. Charles J. Supplee and William M. Van Leer, trading as Supplee & Van Leer. ' Assumpsit for breach of contract.
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Appeal, No. 183, Jan. T., 1903, by-defendants, from judgment of C. P. No. 4, Pbila. Co., Dec. T., 1900, No. 643, on verdict for plaintiff in case of William McK. Morris and Edwin J. Morris, trading as Morris & Company, v. Charles J. Supplee and William M. Van Leer, trading as Supplee & Van Leer. ' Assumpsit for breach of contract. Before Audeneied, J. At the trial it appeared that on March 14, 1900, plaintiffs bought of defendants for future delivery 900 bales of cotton under the following memorandum in writing : “ Philadelphia, Mar. 14,1900. “ Sold to Messrs. Moeeis & Co. “ For a/c of…
1Opinion of the Court
Opinion bt
Mk. Chief Justice Mitchell,
Appellants sold to plaintiffs cotton for future delivery at an agreed price the terms being specified in the contract as “ cash basis, note at 60 days from date of shipment of each 100 bales, interest added.” The first question is upon the meaning of these terms. Appellants offered to prove that they had a trade meaning and to show what that was. The evidence was rejected. In this there was error. The words used as they stand by themselves, may be understood to mean that the parties have provided for alternative methods of payment either of which will be…
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