Shepherd Hardwood Products Co. v. Gorham Bros.

On March 30, 1920, defendant wrote plaintiff, offering to purchase certain “No. 1 surface clear veneer logs, * * * size to be 14 inch and up in diameter at the small end,” at the following prices per thousand feet: hard maple, $100; beech, $90, and grey elm, $100. The letter concluded:

“We agree to take any amount up to 200,000 of hard maple logs. You agree to furnish at least 75,000 feet hard maple logs, and any amount of the others you are in position to furnish. At least the minimum amount of hard maple to be delivered to us before June 1st.”

On receipt of this letter, plaintiff’s secretary…