L. HAND, Circuit Judge (after stating the facts as above).
If the transaction of December, 1919, was in fact what it purported to be, the White Oil Company only promised to pay for the delivery of title on February 29, 1920. Even the deposit was in escrow; that is, it was conditional upon the completion of the sale, and nothing whatever was due unless the title passed. Had the Broadway-John Street Company already taken title and paid the price, we do not understand...
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