McCORD, Circuit Judge.
In September, 1938, Imperial Sugar Company, through Lamborn & Company, Inc., as broker, entered into a written contract for the purchase of 10,000 long tons of Philippine centrifugal sugar from Gamboa, Rodriguez, Rivera & Co., Inc. The contract was styled, "Raw Sugar Contract. Philippines — Cost, Insurance and Freight", and provided for shipment of the sugar from the Philippine Islands in equal monthly installments of 1,000 tons...
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