IOWA SOYA CO. v. DAVIS ELEVATOR CO.

No. 47549.

41 N.W.2d 51 (1950)

IOWA SOYA CO. v. DAVIS ELEVATOR CO., Inc.

Supreme Court of Iowa.

February 7, 1950.


Attorney(s) appearing for the Case

E. B. Stillman, of Clear Lake, and Lehmann, Hurlburt, Hossfeld, Blanchard & Cless, of Des Moines, for appellant.

Lundy, Butler & Lundy, of Eldora and Senneff & Buck, of Britt, for appellee.


MULRONEY, Justice.

On December 17, 1945, plaintiff, a soybean processing partnership, entered into a written contract with defendant, a grain elevator corporation, for the purchase by plaintiff of 100,000 bushels of soybeans during the harvest season of 1946. Paragraphs 2 and 3 of the contract stated:

"2. This contract is made expressly for the purpose of purchasing for deferred shipment a maximum of 100,000 bushels of the 1946 crop of soybeans in accordance...

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