OMNIA CO. v. UNITED STATES

No. 229.

261 U.S. 502 (1923)

OMNIA COMMERCIAL COMPANY, INC., v. UNITED STATES.

Supreme Court of United States.

Decided April 9, 1923.


Attorney(s) appearing for the Case

Mr. George Maurice Morris, with whom Mr. Frederick N. Watriss, Mr. Melvin G. Palliser and Mr. William S. Thompson were on the briefs, for appellant.

Mr. Assistant Attorney General Riter, with whom Mr. Solicitor General Beck and Mr. H.L. Underwood were on the brief, for the United States.


MR. JUSTICE SUTHERLAND delivered the opinion of the Court.

The appellant, on May 19, 1917, by assignment, became the owner of a contract, by which it acquired the right to purchase a large quantity of steel plate from the Allegheny Steel Company, of Pittsburgh, at a price under the market. The contract was of great value and if carried out would have produced large profits.

In October, 1917, before any deliveries...

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