Euclid Candy Co. v. Whitney-Central Trust & Savings Bank

DENISON, Circuit Judge.

This case grows out of a supposed contract for the sale of sugar during the runaway market of 1920, in which" contract the Euclid Candy Company (defendant below and appellant here) was the vendee, and Sea-go (assignor to the Whitney Bank, plaintiff below) was vendor. During this market, the high prices brought into this country foreign sugars not very well known here. Among these was what was called “brown Panela lump,” a relatively rough and unrefined product of some of the Central American countries. The lumps were in the form of cones, four or five inches high and…