Corn Products Refining Co. v. Fasola

The opinion oí the court was delivered by

Bergen, J.

September 10th, 1918, the plaintiff and defendant entered into a written, contract by the terms of which the plaintiff agreed to sell to the defendant “Five hundred eases No. 5 Mazóla,” to be delivered within sixty days after delivery order. The terms of payment were thirty days net, or two per cent, discount for cash if payment was received by the seller within ten days from date of invoice, subject, however, to the following stipulation: “If at any time before shipment the financial responsibility of the buyer becomes impaired, or…