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LOUIS STERN SONS v. ADOLF GOBEL, INC.

Civil Action No. 398-53.

113 F.Supp. 853 (1953)

LOUIS STERN SONS, Inc. v. ADOLF GOBEL, Inc.

United States District Court D. New Jersey.

July 17, 1953.

Attorney(s) appearing for the Case

John D. Craven, Jersey City, N. J., for plaintiff.

Bernard A. Schwarz, Union City, N. J., for defendant.

HARTSHORNE, District Judge.

In this removed case, plaintiff entered into a contract to sell a large quantity of tallow to defendant on a memorandum of sale which, under its "Remarks", provided

"If at any time during the life of this contract the financial responsibility of the Buyer, in the opinion of the Seller, becomes unsatisfactory, cash payments before delivery or satisfactory security may be demanded by...

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