Bayne v. Kingery

The plaintiff was engaged in the business of logging, and the defendants were farmers who had from time to time carried on logging operations. None of the parties were engaged in the business of buying, selling, trading, or dealing in machinery and equipment. The defendants owned a 1945 model Cletrac tractor suitable for logging operations. The plaintiff sought it out and purchased it for the sum of $5,250, which the defendants represented as being within the' “ceiling” price as prescribed by the emergency price control act of 1942, and the rules and regulations of the OPA promulgated under…