If, under guise of such a contract, the real intent be merely to speculate in the rise or fall of prices, and the goods are not to be delivered, but one party is to pay to the other the difference between the contract price and the market price of the... The Ohio Law Journal - Page 1711884Full view - About this book
| 1900 - 842 pages
...and the goods are not to be delivered, but one party is to pay to the other the difference between the contract price and the market price of the goods...nothing more than a wager, and is null and void." In Embrey v. Jemison, 131 US 336, 344, 9 Sup. Ct. 776, and in Bibb v. Allen, 149 US 481, 492, 13 Sup.... | |
| Louisiana. Supreme Court - 1886 - 1038 pages
...and the goods are not to be delivered, but one party i» to pay to I he other the difference between the contract price, and the market price of the goods...whole transaction constitutes nothing more than a wngcr, and is non-actionable. Irwin vs. Williir, 110 US499 ; Benjamin on Sales, ( Bennett's 'M Am.... | |
| 1900 - 812 pages
...the contract shall be discharged by the payment by one party to the other of the difference between the contract price and the market price of the goods at the date fixed for executing the agreement, that the contract becomes a wager, and falls under the ban of the statutes of the various... | |
| Ohio, Moses Fleming Wilson - 1900 - 852 pages
...prices, and the property is not to be delivered, but one party is to pay the other the difference between the contract price and the market price of the goods at the time specified foi executing the contract, the transaction is against public policy, and void.— (Kahn,... | |
| United States. Supreme Court - 1901 - 648 pages
...prices, and the goods are not to be delivered, but one party is to pay the other the difference between the contract price and the market price of the goods...nothing more than a wager, and is null and void." This quotation with the doctrine therein stated is approved in Irwin v. Williar, 110 US 499, 508. As... | |
| Arthur Jerome Eddy - 1901 - 722 pages
...and the goods are not to be delivered, but one party is to pay to the other the difference between the contract price and the market price of the goods...transaction constitutes nothing more than a wager and is non-actionable. Irwin v. Williar, 110 US 499; Benjamin on Sales (Bennett's 3d Am. ed.), 542, and numerous... | |
| United States. Supreme Court - 1901 - 1148 pages
...and the goods arc not to be delivered, but one party la to pay to the other the difference between the contract price and the market price of the goods at the date fixed tor executing the coutract, then the whole transaction coastitutcs nothing more than a wager and is... | |
| 1901 - 242 pages
...the vendor refuses to deliver the goods sold? To sue and recover damages for the difference, between the contract price and the market price of the goods at the time and place of delivery. 46. What lien has the seller of the goods ? The seller has a lien on the... | |
| George Louis Reinhard - 1902 - 784 pages
...tljere is no intention to deliver the goods, but one party is to pay the other the difference between the contract price and the market price of the goods at the date fixed for executing the contract, the whole transaction is nothing more than a wager, and is null and void.84 Such a contract being void... | |
| International Correspondence Schools - 1903 - 636 pages
...and the goods are not to be delivered, but one party is to pay to the other the difference between the contract price and the market price of the goods at the date 1•189 Pa. 89 (1879); 153 Pa. 247 (1893); 1»3Sec T/>e Law ot 1nsurance. Black1s Law Diet. > »«... | |
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