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SCHAFFRAN v. MT. VERNON-WOODBERRY MILLS

No. 5236.

70 F.2d 963 (1934)

SCHAFFRAN v. MT. VERNON-WOODBERRY MILLS, Inc.

Circuit Court of Appeals, Third Circuit.

Rehearing Denied June 8, 1934.

Attorney(s) appearing for the Case

Edward R. McGlynn, of Newark, N. J., for appellant.

Pitney, Hardin & Skinner, of Newark, N. J. (Shelton Pitney and Edward K. Mills, Jr., both of Newark, N. J., of counsel), for appellee.

Before BUFFINGTON, WOOLLEY, and THOMPSON, Circuit Judges.

WOOLLEY, Circuit Judge.

On April 23, 1930, Thomas Foxhall entered into a written agreement of guaranty which, with the critical words emphasized by our italics, reads as follows:

"Whereas Winston Converting Company * * * is desirous of increasing its credit limit with Mount Vernon-Woodberry Mills, Inc.

"And Whereas Mount Vernon-Woodberry Mills, Inc. is willing that this credit limit should be...

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