Farmers Oil & Guano Co. v. Rosenthal & Co.

1. The principle of law is well settled that a contract which is valid on its face can not be held void by showing that one of the parties understood and intended it to be a wagering contract. The evidence must show that this understanding and intention was mutual, to render a contract, otherwise legitimate, invalid on that ground. Forsyth Mfg. Co. v. Castlen, 112 Ga. 205 (37 S. E. 485, 81 Am. St. R. 28) ; Stewart v. Postal Telegraph Co., 131 Ga. 31 (61 S. E. 1045, 18 L. R. A. (N. S.) 692, 127 Am. St. R. 205) ; Watson v. Hazlehurst, 127 Ga. 298 (56 S. E. 459) ; Embry v. Jamison, 131 U. S. 336…