BRENTON, J.
Plaintiff, The Mead Corporation, hereinafter referred to as "Mead," seeks recovery from defendant, The Farmers and Citizens Bank, hereinafter referred to as "Bank," contending that a certain writing constitutes a letter of credit in fact and in law.
The controversial writing is as follows:
Mead to Bank: Feb. 29, 1962; "we have been given to understand that if we handle on a sight draft basis for your bank an order from Pan Ohio Book &...
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