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+Project Gutenberg (https://www.gutenberg.org) public repository for
+eBook #60134 (https://www.gutenberg.org/ebooks/60134)
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-The Project Gutenberg EBook of Lumber Legal Opinions, by Anonymous
-
-This eBook is for the use of anyone anywhere in the United States and most
-other parts of the world at no cost and with almost no restrictions
-whatsoever. You may copy it, give it away or re-use it under the terms of
-the Project Gutenberg License included with this eBook or online at
-www.gutenberg.org. If you are not located in the United States, you'll have
-to check the laws of the country where you are located before using this ebook.
-
-Title: Lumber Legal Opinions
-
-Author: Anonymous
-
-Release Date: August 18, 2019 [EBook #60134]
-
-Language: English
-
-Character set encoding: UTF-8
-
-*** START OF THIS PROJECT GUTENBERG EBOOK LUMBER LEGAL OPINIONS ***
-
-
-
-
-Produced by Richard Tonsing and the Online Distributed
-Proofreading Team at http://www.pgdp.net (This file was
-produced from images generously made available by The
-Internet Archive)
-
-
-
-
-
-
-
-
-
- LUMBER
- LEGAL OPINIONS
-
-
-[Illustration]
-
- 1910
-
-
- PUBLISHED BY
-
- NATIONAL WHOLESALE LUMBER DEALERS ASSOCIATION
-
- 66 BROADWAY, - NEW YORK
-
-
-
-
- OFFICERS 1910–1911
-
-
- President ROBERT W. HIGBIE
- First Vice-President FRED R. BABCOCZ
- Second Vice-President FRANKLIN E. PARKER
- Treasurer FRED’K W. COLE
- Secretary E. F. PERRY
-
-
- BOARD OF TRUSTEES
-
- Terms expire in 1911
-
- LEWIS DILL Baltimore, Md.
- C. H. PRESCOTT, Jr. Cleveland, O.
- G. F. CRAIG Philadelphia, Pa.
- A. L. STONE Cleveland, O.
- W. W. KNIGHT Indianapolis, Ind.
- W. E. LITCHFIELD Boston, Mass.
- W. W. REILLEY Buffalo, N. Y.
-
-
- Terms expire in 1912
-
- R. D. BAKER Pittsburg, Pa.
- G. C. EDWARDS Ottawa, Ont.
- F. W. COLE New York City
- R. H. DOWNMAN New Orleans, La.
- F. E. PARKER Saginaw, Mich.
- R. W. HIGBIE New York City
- HORTON CORWIN, Jr. Edenton, N. C.
-
-
- Terms expire in 1913
-
- F. R. BABCOCK Pittsburg, Pa.
- N. H. WALCOTT Providence, R. I.
- T. J. MOFFETT Cincinnati, O.
- F. S. UNDERHILL Philadelphia, Pa.
- L. L. BARTH Chicago, Ill.
- J. V. STIMSON Huntingburg, Ind.
- W. A. GILCHRIST Memphis, Tenn.
-
-
-
-
- PREFACE
-
-
-In presenting “Lumber Legal Opinions” to our members and to some of our
-friends whom we particularly desire to become members of our
-Association, not only for the good their co-operation will do us, but
-for their own benefit as well, we desire to say that this compilation is
-based upon the practical working out of specific cases for our members
-during the past few years. An examination will, we think, prove the work
-to be practical and dependable, and generally to express good common
-sense, and consequently good law. You will, we hope, find it worth your
-careful study and guidance. In some instances the opinions may be
-affected by court decisions of the respective States; some of these
-decisions are specifically referred to, but, as a rule, it has been our
-aim to secure opinions covering a general situation.
-
-This gives us an opportunity to remind you of the special work which
-this Association is constantly undertaking for its members and
-especially that it is worthy of your earnest co-operation and special
-effort to bring in new members, so that the influence of the
-organization may be enlarged and made in every way worthy of its name.
-
- * * * * *
-
-[Sidenote: Purpose of the Association]
-
-The Charter defines the Purpose of the Association to be “to protect the
-members against unbusinesslike methods in the wholesale and retail
-trade; to foster such trade and commerce; to reform abuses in such trade
-or business; to secure freedom from unjust or unlawful exactions; to
-diffuse accurate information among its members as to the standing of
-merchants and others by and with whom said trade or business is
-conducted, and as to other matters to produce uniformity and certainty
-in the customs and usages of said trade and of those engaged therein; to
-settle differences between its members, and to promote a more large and
-friendly intercourse between them.”
-
-[Sidenote: Bureau of Information or Credit Department]
-
-The Charter and By-Laws of the Association defines the duty of this
-Bureau to be as follows: “To diffuse accurate information as to the
-standing of merchants.” There are in the records of this Bureau at the
-present time 28,000 reports showing the financial condition of an equal
-number of buyers of lumber. In addition to these financial statements
-all of these buyers of lumber are rated by the Bureau as to their credit
-standing as well. It is the unanimous opinion of our members who use
-this Bureau that the reports are superior to those of any other
-mercantile agency or other source of information. The Bureau makes a
-specialty of securing reports only on lumber buyers or users, and it
-therefore furnishes more complete and reliable reports as to moral and
-financial standing and business methods than any other agency. A system
-is also a part of the Bureau whereby important information is sent to
-each subscriber without the subscriber making special request therefor;
-in other words, it is the aim of the Bureau to keep its subscribers
-fully and promptly advised of all important business changes.
-
-
-[Sidenote: Legal and Collection Department]
-
-In connection with and as a part of the Bureau of Information there has
-been established a legal and collection department. This department
-handles commercial claims, past due accounts, etc., sent to it with
-promptness and at a minimum cost when compared with the usual methods
-employed by attorneys and the courts; also has on file much information,
-including legal opinions and court decisions which are furnished upon
-request without charge.
-
-
-[Sidenote: Railroad and Transportation Bureau]
-
-The Railroad and Transportation Committee through its Bureau is in a
-position to be of the greatest service to our members, because of the
-intimate knowledge which our Traffic Manager has of all matters that
-have to do with our relations with the railroads.
-
-Information and assistance covering a wide range of transportation
-subjects is being constantly rendered. There are also on file complete
-lumber tariffs which are kept up to date, and this enables our members
-to obtain correct information as to rates, routing, etc. Upon request,
-shipments are traced and prompt deliveries effected. The above services
-are furnished to our members entirely free of charge.
-
-
-This Bureau also investigates and collects claims for loss or damage in
-transit, overcharges in rates, weight, mis-routing, etc. For these
-services a nominal charge is made based on the actual amount collected.
-The manager of this Bureau has had years of experience and possesses
-intimate knowledge of the methods pursued by the various claim
-departments of the railroads and he is therefore in a position promptly
-to collect any just claims and frequently has been able to collect
-claims which our members have been unable to collect themselves. In this
-connection it may be well to state that all shippers of lumber are
-entitled to free allowances in weight of five hundred pounds for car
-stakes used on flat and gondola cars, and this Bureau has secured many
-refunds on past shipments for members who have not been allowed this
-free weight. The Bureau is also in a position to compel the railroads
-not now making the allowances, to do so.
-
-
-[Sidenote: Arbitration]
-
-The By-Laws define the duties of the Arbitration Committee to be “to
-settle differences between our members.” The services of this committee
-are at the disposal of our members at the actual cost of the expenses of
-three selected men from among the members of this committee who
-thoroughly understand the customs of the lumber trade. Any member who
-avails himself of the services of this committee consequently obtains at
-an actual cost the services of a jury of experts, with the result that
-differences are settled fairly, equitably and promptly and without any
-annoyances and undue expenses.
-
-
-[Sidenote: Legislation Committee]
-
-“To reform abuses” and “to secure freedom from unjust or unlawful
-exactions” is jointly the work of several Committees. For freedom from
-unjust and burdensome laws and for laws granting us security and
-reasonable opportunity in the conduct of our business, we look to the
-Legislation Committee, whose duty it is to scrutinize acts affecting the
-trade, to oppose those which oppress, and to favor and forward those
-which assist.
-
-
-[Sidenote: Forestry and Conservation]
-
-“To foster such trade and commerce” by perpetuating the raw material
-which forms the basis of all lumber business, we have our Forestry
-Committee. The people of this country, with its tremendous sources of
-timber supply, must be educated to grasp the possibility of a future
-famine, and needful legislation must be enacted to reduce the problem of
-reforestation to a practical business proposition before the scarcity of
-timber shall enhance the values of stumpage to the point of placing
-trees as a crop in the same class with grain and cotton. The Advisory
-Forestry Committee links our Association with the country at large in
-this movement.
-
-
-[Sidenote: Fire and Marine Insurance]
-
-The services performed by the members of these committees in past years
-have most fully justified their existence in the reduction which has
-been obtained not only for our members, but for all lumbermen both in
-fire insuring companies as well as in marine insuring companies. These
-savings amount annually to a sum which is estimated at more than one
-million dollars in premiums.
-
-
-[Sidenote: Hardwood Inspection]
-
-Our Association stands for not only a national but an international set
-of rules to govern the grading and inspection of hardwood lumber. In all
-lines of business nothing is more desirable and necessary than
-uniformity. It is the aim of the Hardwood Inspection Committee to secure
-the adoption of a reasonable and universal set of rules for the
-inspection of hardwood lumber.
-
-
-[Sidenote: Management]
-
-The Active Management of the Association is in the hands of a board of
-twenty-one trustees, operating with the Officers and the Executive
-Committee, through the Secretary and his assistants.
-
-
-[Sidenote: Headquarters]
-
-The offices of the Association are at 66 Broadway, New York, centrally
-located in the business section of the city. Members have the
-unrestricted privilege of using these offices as the headquarters for
-receiving mail and telegrams, and for business conferences.
-
-
-[Sidenote: Membership]
-
-The four hundred Lumbermen who are members are ready and willing to
-testify to the advantages to be derived from connection with this
-Association. Coming from 28 States and Canada, they are qualified by
-numbers and ability to cope with all questions affecting the manufacture
-and wholesale distribution of lumber.
-
-
-Membership in our Association is restricted to legitimate manufacturers
-of lumber and wholesale dealers in lumber who are in good standing in
-the trade.
-
-
-There is no initiation fee. The annual dues are $50.00, with a charge of
-$50.00 additional to those who desire the benefits of the Bureau of
-Information. The Collection Department and Transportation Bureau are
-open to all members without charge other than the very moderate fees
-scheduled for actual work performed.
-
-[Illustration]
-
- These opinions and abstracts were compiled, and arranged under the
- supervision of the LEGAL DEPARTMENT, BUREAU OF INFORMATION, W. W.
- Schupner, Department Manager.
-
-
-
-
- INDEX
-
-
-The cross index is arranged so as to bring out the several points in
-each opinion or extract. The number at the left, following each opinion
-or extract, indicates the number of such opinion or extract referred to
-in the index. The first number after the subject gives the number of the
-opinion and the second the page number, for example: after “acceptance
-of checks sent in full settlement” appear 18–21, denoting that the
-information can be obtained from opinion 18 on page 21. The other
-figures after the same subject indicate the other opinions and pages
-where similar information is given.
-
- * * * * *
-
- =First number gives number of opinion; second number gives page number.=
-
- _Agent._
- Authority of salesman to bind principal, 35–36
- Carrier as agent—see common carriers
- License in New York City, 3–17
- May receive notice for principal, 88–74
- See also certificate to do business.
-
- _Acceptance of_
- checks sent in full settlement, 18–21, 20–28, 51–49, 66–60, 80–68,
- 95–77
- delayed shipments avoids claim for delay, 87–73
- draft does not avoid claim for inferior lumber, 92–76
- less than invoice price, 109–89
- offer constitutes valid contract, 72–65, 96–79
- order through salesman, when it is complete, 96–78
- shipment affected by statute (New Jersey), 81–69
- shipment affected by warranty, 62–57, 102–83, 108–89
- shipment unless promptly rejected, 62–57
- shipment validates verbal contract, 65–59, 86–72
- shipment when it is all or partially used, 34–36, 90–75, 102–83
- shipment when it is retained, 6–17, 31–48
- shipment when it is used may depend on a private custom, 90–75
-
- Acceptance necessary to make valid contract, 72–65, 96–79
-
- Accord and satisfaction, 18–21, 20–28, 51–49, 66–60, 80–68, 95–78
-
- Accounting by executor, 23–26
-
- Accounts stated—what does it consist of and what advantage, 101–82
-
- Assignment for creditors voided by bankruptcy, 14–22
-
- Assignment of account by foreign corporation (New York), 63–58
-
-
- _Banking._
- Certification of check releases maker, 45–43, 104–85
- Liability of bank for failure to give notice of protest to endorser
- of note, 99–81
- Protest not always necessary, 52–50
-
- _Bankruptcy._
- Avoids assignment of creditors, 14–22
- Discharge not prevented by giving bad check, 41–39
- Discharge, what will prevent it, 97–79
-
- _Bill of Lading._
- in name of buyer may not release seller, 53–51
- may be required for surrender of shipment, 29–34
- stipulation as to delivery, 11–20
- stipulation as to notice of arrival, 25–31
- to order retains title, 70–62
-
- Breach of contract—see contracts.
-
- Buyer’s position when lumber offered is not as per contract, 37–33
-
-
- Cancelling contract when one party guilty of breach, 5–14, 47–44,
- 67–61, 71–64
-
- Cancelling order by purchaser before accepted by seller’s home office,
- 96–79
-
- Cancelling order for non-delivery or delay, 43–41, 84–71
-
- Carload of lumber must all be in accordance with order to fulfill
- contract, 76–66
-
- Certification of check binds bank and releases maker, 45–43, 104–85
-
- Certificate for individual to do business in New Jersey or New York,
- 10–22
-
- _Certificate to do Business._
- Indiana, 106–86
- Kentucky, 106–87
- Maryland, 55–52
- Michigan, 106–88
- Mississippi, 106–87
- New Jersey, 17–18, 64–58
- New York, 17–19, 26–32, 63–57, 106–88
- Ohio, 106–87
- Pennsylvania, 19–24
- Tennessee, 106–87
- West Virginia, 106–86
-
- Change in original order no excuse for refusing shipment, 1–13
-
- Checks sent in full settlement, etc., 18–21, 20–28, 51–49, 66–60,
- 80–68, 95–77
-
- _Common Carriers._
- Agent for buyer, 33–77, 53–51, 70–62, 88–74
- Agent for seller, 22–28, 37–33, 70–62, 88–74
- Can insist upon acceptance of delayed delivery, 13–47, 56–53
- Claim for loss or damage, 13–47, 46–42, 56–53, 59–54, 73–65
- Liability as warehouseman, 8–16, 48–44
- Liability for delay, 13–47
- Liability for delivery without surrender of Bill of Lading, 29–34,
- 58–54
- May return rejected shipment to consignor, 58–54
- Must deliver shipment as directed, 11–20, 61–56
- Not always compelled to notify consignor that shipment is rejected by
- consignee, 61–56
- Not bound to act as intermediary, 58–54, 61–56
- Notice to, when loading complete, 8–15
- Obligation to send notice of arrival, 8–16, 25–31, 28–33, 48–44
- Should pay value at destination for lumber lost, 59–55, 73–65
- Stopping shipments in transit, 27–29, 79–68, 105–85
- When can charge demurrage, 25–31
- When liability begins and ends, 8–16, 48–44
-
- Conditional clauses on letter-heads, orders, etc., 24–27, 110–48,
- 50–46, 82–70
-
- Confirmation of order by home office, 65–59, 96–78
-
- Confirmation as to time of shipment, 36–35
-
- _Contract._
- Acceptance of offer constitutes valid contract, 72–65, 96–79
- Against liability for delay in shipping, 24–26
- Breach for failure to make good delivery, 6–18, 37–33
- Breach for non-delivery, 22–28, 30–30, 39–38, 43–41, 84–71
- Conditions must all be part of contract, 24–27, 50–46, 110–48, 82–70
- Incomplete when only part of car as per order, 76–66
- May be cancelled when one party guilty of breach, 5–14, 47–44, 67–61,
- 71–64
- May be void if a mistake in it is obvious, 72–65
- Should be in writing and signed, 65–59
- Valid by acceptance of offer, 72–65, 96–79
-
- Conveyance in F. O. B. shipment, 42–40
-
- Corporations (foreign) see certificate to do business.
-
- Credit cannot be demanded when business transferred, 40–39
-
- Credit must be kept good, 30–30, 39–38, 47–44, 67–60, 71–64, 79–68,
- 91–75
-
- Custom—private and general—as to using a shipment, 90–74
-
-
- Damage claim against carrier, amount of claim, 13–47, 46–42, 56–53,
- 59–54, 73–65
-
- Damage in transit, who responsible, 8–15, 54–51
-
- Delay beyond shipper’s control, 50–46, 84–71
-
- Delay by carrier, liability for, 13–47
-
- Delay in shipment, liability for, 24–27, 50–46, 84–71
-
- Delayed delivery, acceptance of, avoids claims for damages, 87–73
-
- Delayed delivery by carrier should be accepted, 13–47, 56–53
-
- Delayed delivery need not be accepted as fulfilling contract, 84–71,
- 87–73
-
- _Delivery._
- Delayed, liability for, 24–27, 50–46, 84–71
- In installments, 5–14, 43–41, 44–41, 47–44, 86–72, 102–83
- Liability for non-delivery, 22–28, 30–30, 39–38, 43–41, 49–45, 91–75
- May be stopped when buyer becomes insolvent, 27–29, 71–64, 79–68
- May not affect original purchaser, 38–35
- Delivery must be complete, 31–48, 76–66
- Delivery must be made by carriers as directed, 11–20, 61–56
- Not in accordance with contract, 37–33
- On consignee’s side-track, 48–45
- What constitutes, on F. O. B. sales, 8–15, 37–33, 42–40, 53–50, 70–62
-
- Demand that shipment be returned cannot be enforced, 6–18
-
- Demurrage—see common carriers.
-
- Discount must be in accordance with terms, 18–21, 57–53, 69–61
-
- Draft (accepted) with Bill of Lading does not avoid claim for inferior
- lumber, 92–76
-
- Draft with Bill of Lading to order, 70–62
-
- Due notice, what does it mean, etc., 83–71
-
-
- Endorser on note entitled to notice of protest, 99–81
-
- Executor, time for accounting, 23–26
-
-
- False statement may prevent discharge in bankruptcy, 97–79
-
- Fire delaying shipment, seller’s liability, 50–46
-
- F. O. B.—what constitutes delivery, 8–15, 37–33, 42–40, 31–48, 53–50,
- 70–62
-
- Foreign corporations—see certificates to do business.
-
- Freight as a consideration for passing title, 9–23, 53–50, 54–51
-
- Freight rate advance, 110–48
-
- Fraud, statute of, 65–59
-
-
- Indefinite quantity, order for, 98–80, 103–84
-
- Indiana—necessity of foreign corporations filing certificates, 106–86
-
- Insolvents, shipments to, can be stopped, 27–29, 71–64, 79–68
-
- Insolvency, cause for declining further shipments, 67–61, 71–63, 91–75
-
- Inspection on arrival—privilege of, 62–57, 92–76, 102–83
-
- _Installment Shipments._
- Acceptance of one installment validates verbal contract, 86–72
- Contract for delivery, not separable, 5–14, 93–77, 102–83,
- (see Minnesota case), 107–88
- Cancelling for non-payment, 47–44, 71–64
- Cancelling order for non-delivery, 43–41
- Delay in shipment, 44–41
- Using one installment may constitute waiver of objection to
- subsequent installments, 102–83
-
- Invoice terms not effective unless part of contract, 82–70
-
-
- Judgment in one state ground for suit in another, 60–55
-
-
- Kentucky, necessity of foreign corporations filing certificate, 106–87
-
-
- Loss for non-delivery of lumber, 49–45
-
- Loss for reselling shipment refused on arrival—method of recovery,
- 1–13, 5–14, 78–67, 94–77
-
- Lost shipment, amount of claim against carrier, 59–55, 73–65
-
-
- Maryland, necessity of foreign corporations filing certificate, 55–52
-
- Maximum and minimum amounts in contract of sale, 98–80, 103–84
-
- Measure of claim against carrier, 13–47, 46–42, 56–53, 59–54, 73–65
-
- Michigan, necessity of foreign corporations filing certificate, 106–88
-
- Mississippi, necessity of foreign corporations filing certificate,
- 106–87
-
- Mistake must be obvious to avoid contract, 72–65
-
-
- New Jersey—certificate for individual dealing under assumed name, 10–22
-
- New Jersey lien law, 21–32
-
- New Jersey—necessity of foreign corporations filing certificate, 17–18,
- 64–58
-
- New Jersey statute affects acceptance, 81–69
-
- New York City license for agent, 3–17
-
- New York State certificate for individual dealing under assumed name,
- 10–22
-
- New York—necessity of foreign corporations filing certificate, 17–19,
- 26–32, 63–57, 106–88
-
- Non-suit for foreign corporations—see certificates to do business.
-
- _Notice._
- As to non-delivery, 49–45
- Of arrival by carrier, 8–16, 25–31, 28–33, 48–44
- To agent is notice to principal, 88–74
- To carrier when loading complete, 8–15
- To carrier as to measure of damages, 46–43
- What constitutes reasonable notice, 83–71
-
-
- Offer accepted constitutes valid contract, 72–65, 96–79
-
- Offer may be withdrawn until accepted, 96–79
-
- Ohio—necessity of foreign corporations filing certificate, 106–87
-
- Order, confirmation by home office, 65–59, 96–78
-
-
- Partial payment validates verbal contract, 65–59, 86–72
-
- Partial shipments—see installment shipments.
-
- Pennsylvania—necessity of foreign corporations filing certificate,
- 19–24
-
- Postscripts on letters or contracts should be signed, 82–70
-
- Principal bound by notice to agent, 88–74
-
- Principal not always bound by salesman’s act, 35–36
-
- Prompt rejection of shipment necessary to avoid acceptance, 62–57
-
- Protest not always necessary, 52–50
-
-
- Quantity, order for indefinite quantity, 98–80, 103–84
-
-
- Railroads—see common carriers.
-
- Reasonable time for shipment, unless otherwise agreed, 36–35
-
- Reasonable time, what does it mean, 13–47, 62–57, 83–71
-
- Refusal of seller to make deliveries, 49–45
-
- Refusing shipment on arrival, 1–13, 5–14, 56–52, 78–67, 94–77
-
- Refusing to send shipping instructions for lumber ordered, 12–20
-
- Rejection of shipment by notice to railroad, 88–74
-
- Rejected shipment may be returned to consignor by carrier, 58–54
-
- Rejection of shipment, carrier not always compelled to notify
- consignor, 61–56
-
- Rejection of shipment must be prompt, 62–57
-
- Reselling lumber refused on arrival, 1–13, 5–14, 78–67, 94–77
-
- Retaining lumber shipped constitutes acceptance, 6–17, 34–36
-
-
- Sales in installments—see installment shipments.
-
- Sales on credit, 30–30, 39–38, 40–39, 47–44, 67–60, 71–64, 79–68, 91–75
-
- Sales of indefinite quantity, 98–80, 103–84
-
- Salesman’s order, when accepted, 96–79
-
- Salesman’s power to bind principal, 35–36
-
- Selling lumber refused on arrival, 1–13, 5–14, 78–67, 94–77
-
- Shipping instructions for lumber ordered, refusal to send, 12–20
-
- Stated accounts, advantage of, 101–82
-
- Statement of assets, etc., if false, may prevent discharge in
- bankruptcy, 97–79
-
- Statute of fraud, 65–59
-
- Stopping shipment in transit, 27–29, 71–64, 79–68, 105–85
-
- Storing lumber refused on arrival, 1–13, 5–14, 78–67
-
- Strike delaying shipment, seller’s liability, 50–46
-
- Suit can be instituted in one state on judgment obtained in another
- state, 60–55
-
- Suit by foreign corporation may not be maintained because of failure to
- file certificate—see certificate to do business.
-
-
- Taxes of foreign corporations, 89–74.
- See also certificate to do business.
-
- Tender in fulfillment of contract should be accepted or rejected as a
- whole, 31–48
-
- Tennessee—necessity of foreign corporations filing certificate, 106–87
-
- Terms of sale must be part of contract, 82–70.
- See also conditional clauses on letter-heads, etc.
-
- Terms of sale should stipulate discount, 18–21, 57–53, 69–61
-
- Time of shipment, confirmation of, 36–35
-
- Time of shipment, reasonable unless otherwise agreed upon, 36–35
-
- Title, during transit (carrier’s assumption), 61–56
-
- Title, not affected by freight payment, 9–23, 53–50, 54–51
-
- Title, when it passes, 8–16, 22–28, 31–48, 48–45, 53–50, 54–51, 70–62
-
- Title, transfer after purchase holds original buyer, 38–35
-
-
- Using lumber shipped constitutes acceptance, 34–36, 90–75, 102–83
-
-
- Verbal contract, when valid, 65–59, 86–72
-
-
- Warehouseman, carriers’ liability as, 8–16, 48–44
-
- Warranty may survive acceptance, 62–57, 102–83, 108–89
-
- West Virginia—necessity of foreign corporations filing certificate,
- 106–86
-
-
-
-
- CHOICE OF REMEDIES WHEN LUMBER IS REFUSED ON ARRIVAL.
-
-
-Recently a member took an order from a dealer in Pennsylvania for a car
-of lumber, and after order had been forwarded to the mill, the buyer
-requested that a change be made in a certain size included in the order,
-which our member advised would be made if shipment had not already gone
-forward from the mill. It developed, however, that shipment had been
-made and that it was too late to alter any part of the original order.
-Upon arrival the buyer refused to accept the lumber on the ground that
-it was not as ordered.
-
-In connection with this case we have the following opinion from an
-experienced attorney:
-
- Seller has the choice of one of three things, viz.: First, he
- may store or retain the property for the vendee and sue him for
- the entire price. Second, he may sell the property, acting as
- the agent for this purpose of the vendee, and recover the
- difference between the contract price and the price of resale.
- Third, he may keep the property as his own and recover the
- difference between the market price at the time and place of
- delivery and the contract price. Usually, the best course to
- pursue would be to elect the second remedy, to wit: that of
- acting as agent for buyer and dispose of the carload of lumber
- and recover the difference between the contract price and the
- price of resale. By proceeding in this manner, they may have the
- use of the price realized from the sale, and they have done all
- that good faith required to the end that any loss sustained be
- reduced to a minimum. Of course, the seller on the resale must
- dispose of the goods in good faith and the best mode calculated
- to produce their value, whether it be public auction or by
- broker, or any other mode that can or could be easily adopted.
-
-=Opinion No. 1.=
-
-
-A metropolitan dealer writes:
-
-We took an order in writing from a party for 25,000 feet of lumber,
-5,000 feet to be delivered the latter part of May, June, July, August,
-and until all should be taken. Buyer accepted the delivery of the
-shipments until June, when he refused the shipment, writing us a letter,
-as trade was dull, to please not ship any more goods on account of order
-until he notified us. We immediately wrote him that we should insist on
-his living up to the terms of the contract. We had our truckman make
-note of the fact that he tendered the goods at their factory and that
-they refused to receive them. Now, can we sue and collect for these
-goods, and in the future if they refuse to receive them after tendering
-them can we sue? If we should instruct our truckman to leave these goods
-on the sidewalk in front of their place of business, could we sue,
-claiming this was a proper delivery and collect for same?
-
- Reply: When goods are to be delivered in a number of
- instalments, as in this case, the buyer’s refusal to accept
- delivery of any one instalment is a breach of the whole
- contract; the seller may declare the contract at an end, from
- that moment, and may sue and recover any damage that the breach
- of contract may have caused him. The seller has the choice of
- three remedies. He may keep the goods as his own and sue for the
- damages; he may hold the goods as agent of the buyer, informing
- the buyer that they will be delivered to him upon his demand,
- and sue for the contract price of the goods; or he may sell the
- goods, for account of the buyer, giving the latter prior notice
- of the time and place of sale and then hold the buyer for any
- deficiency. A delivery of the goods upon the sidewalk in front
- of the buyer’s place of business would be of no advantage to the
- seller and it might make him liable for that part of the goods
- if the buyer neglected to take charge of them. The seller cannot
- sue for the price of each instalment, when it has been tendered
- and refused. This would be to put the buyer to the expense of
- defending a number of suits, all arising out of one contract,
- and this the law does not sanction. Though it calls for delivery
- at different times, the contract is one and not several, and it
- may be made the basis of only one action. Suit may be brought as
- soon as there is a breach of it, it is true, but that suit must
- be for all the loss arising by reason of the buyer’s
- unjustifiable act, not simply for the value of the single
- instalment tendered and refused. When any suit is brought the
- court will assume that it is for all the loss arising out of the
- contract and further suits upon the same cause of action will be
- barred.
-
-=Opinion No. 5.=
-
-
-
-
- INTERPRETATION OF “F. O. B.” SHIPPING POINT OR DESTINATION.
-
-
-As there seem to be many opinions on the question of “ownership in
-transit,” or delivery of lumber F. O. B., and as the association has
-received numerous inquiries from members covering various phases of the
-subject, the question has been submitted by the association to Mr.
-Walter W. Ross, General Counsel to the Car Stake and Equipment Complaint
-Executive Committee, and an experienced railroad attorney, for opinion.
-While it must be conceded that such an opinion can cover only a specific
-case, it will probably be of value to many of our members when the
-question of ownership in transit arises, and if followed, if adopted as
-a practical solution, will help to bring about a better understanding
-between shipper and buyer, always keeping in mind however, that the laws
-differ in various States.
-
-His opinion is as follows:
-
- If A sells lumber to B and the contract of sale provides that A
- shall deliver the lumber free on board (F. O. B.) cars at a
- certain point, the title to the lumber remains vested in A, the
- seller, until he has delivered the lumber at the point agreed
- upon to the buyer or his agent the carrier.
-
- If the lumber is damaged while in the possession of the carrier
- in transit to the point of agreed delivery, the question of the
- loss is between the seller A and the carrier. If the lumber is
- damaged after delivery at the point agreed upon, but while in
- possession of the carrier the question of loss is between the
- buyer and the carrier.
-
- The question arises what constitutes delivery f. o. b. In the
- case of shipment of lumber by rail it is customary for the
- shipper to load the lumber properly on the car. It has been held
- by some of the courts that it is not necessary for the shipper
- having completed the loading to give formal notice of delivery
- to the carrier in order to place the consignment in the
- possession of the carrier—(but it is safer to notify the carrier
- of such fact thereby eliminating a possible controversy). If the
- sale is f. o. b. point of shipment the delivery by the seller to
- the carrier is delivery to the buyer and from that time the
- carrier until it has performed its contract of transportation is
- the agent of the buyer. This principle of law is subject to the
- exceptions arising under the law of stoppage in transit, as for
- instance if the buyer becomes insolvent after the shipment has
- been made—but before arrival at destination.
-
- It has been held that the liability of the carrier begins as
- soon as the consignment has been placed in its possession, even
- though the bill of lading has not been issued.
-
- The question also arises when does the liability of carrier as
- such terminate by delivery to the consignee.
-
- The general rule is that when the carrier has placed the car of
- lumber on the track which is the usual and customary place for
- the consignee to unload and consignee has had reasonable
- opportunity to unload, then its liability as carrier terminates
- and it is liable only as a warehouseman while the consignment
- remains on such track, which means that the carrier is required
- to exercise only the degree of care which an ordinarily prudent
- person would exercise to protect his property from loss or
- destruction. In some states the statutes provide, or the courts
- hold, that the carrier having placed the car in such position
- for unloading by the consignee, it is then the duty of the
- carrier to send due notice of that fact to the consignee; and
- until such notice and reasonable opportunity has been given, the
- carrier’s liability as such continues. In other states the
- carriers are not required either by statute or rule of the
- courts to give such notice of arrival of consignments, it being
- held to be the duty of the consignee to keep himself informed as
- to the time of arrival of his freight. This rule is gradually
- being superseded in most states by the more reasonable rule that
- it is the duty of the carrier to send due notice to consignee of
- arrival of freight.
-
-=Opinion No. 8.=
-
-
-
-
- BUYING AND SELLING AGENT NEEDS NO LICENSE IN NEW YORK CITY.
-
-
-Very often out of town members who contemplate opening an office in New
-York City, inquire as to whether it is necessary to obtain a license in
-order that their agent may legally represent them. The following appears
-to cover the ground:
-
-Question from Baltimore, Md.—I am acting here as a buying and selling
-agent for a lumber company outside of the State, they supplying me with
-the money with which to buy the lumber to ship to them on their orders,
-and I crediting them with the proceeds of the sales of lumber shipped to
-me to sell for their account, my compensation being a commission on the
-sales and purchases. Under these conditions I do not pay a license here
-in Baltimore, but as I expect shortly to move the office to New York, I
-will thank you to let me know if I would require a license to conduct
-this business in that city, and if so, where should I apply for same?
-
- Reply: No license is required in New York City in order to carry
- on such a business as our correspondent describes. One who
- simply buys and sells here, as agent, need not make a report or
- pay a fee to any public officer. But if at any time he carries
- on a general mercantile business, as agent, he must register and
- pay a fee. The statute is as follows: “Any person now carrying
- on or conducting a general mercantile or manufacturing business
- within this State, or hereafter commencing such business at or
- in a fixed location as agent or manager for another or others,
- shall—at the commencement of such business, file a sworn
- statement, verified by such agent and principal or principals,
- in the county clerk’s office of the county within which said
- business is carried on, stating the nature of the business and
- the full name and residence of such principal or principals.”
- The fee is $1.00, and failure to file the statement is a
- misdemeanor.
-
-=Opinion No. 3.=
-
-
-
-
- RETAINING LUMBER SHIPPED CONSTITUTES ACCEPTANCE.
-
-
-The acceptance of lumber, where the grade is disputed, is the subject of
-the following correspondence:
-
-Question.—We recently shipped a car of lumber to a dealer, who claims
-that same is not up to the grade bought. We have asked him to return
-shipment and guaranteed to replace same with material that was
-absolutely right. He refuses to do so, and states that he will not
-return it until he receives lumber to replace the lot he refused to
-accept. We have sold this car to another party, who asks for delivery.
-We believe that the original purchaser is making an unjust claim. Can we
-demand that the lumber be shipped back to us, as the party has refused
-to accept same and has not paid for it? In case he refuses to return it
-are we under any obligation to make a second delivery?
-
- Reply: The purchaser in a case of this kind has no right to any
- material that previously belonged to the seller except under the
- contract which he has with the seller. When the seller sends the
- purchaser any lumber and the purchaser keeps it, he keeps it
- either wrongfully or else as being in compliance with his
- contract. But the courts will not allow any man to claim, for
- his own advantage, that he is a wrong-doer when there is a
- possible and reasonable explanation of his act which makes it
- lawful. For this reason, among others, a buyer of lumber when
- there has been no warranty of quality, who retains the lumber
- sent to him, and refuses to return it, is always held to retain
- it as being perfectly satisfactory and in compliance with the
- contract. Any complaint he may make about the delivery is of no
- importance; it is his act that counts. The courts will insist
- upon taking the most charitable view of his conduct, whatever he
- may say, and the most charitable view is that he is doing right,
- and not wrong, and is keeping the lumber because it is a good
- delivery under the contract. Our correspondents can demand that
- the lumber be returned if they choose to do so, but they cannot
- enforce the demand. If the buyer does return the lumber, in
- answer to such a demand, he will have a claim against the
- sellers for another delivery, and a valid one under the
- contract, or for a breach of the contract in failing to make a
- good delivery in the first place. If no such demand is made, or
- if it is made and not complied with, the buyer can be compelled
- to pay the contract price of the goods on the theory that his
- holding them is an acceptance under the contract. It is idle for
- him to say that he does not accept them; keeping them is
- acceptance. No second delivery need be made unless the first
- delivery is promptly and properly refused and returned.
-
-=Opinion No. 6.=
-
-
-
-
- OBTAINING CERTIFICATES PERMITTING FOREIGN CORPORATIONS TO DO BUSINESS
- AND MAINTAIN AN ACTION IN NEW YORK OR NEW JERSEY.
-
-
-Almost every State in the Union, and especially the States of New York,
-New Jersey, Pennsylvania, Massachusetts, Connecticut, etc., require
-foreign corporations, that is, corporations formed under the laws of
-other States, to procure a license or certificate to do business within
-such State, and in default thereof penalties or fines are imposed.
-
-In considering the necessity of such license the first question is to
-ascertain whether the corporation is transacting its business in a
-manner which could be interpreted as “doing business” in its legal
-sense, and this means generally filling all orders obtained in that
-State when more than two or three incidental orders have been obtained
-or the maintaining of a place of business in such State. The
-difficulties in obtaining the certificates are not great but the details
-are technical and the expense ranges from $10 upwards, depending upon
-the laws under which the company is incorporated, there being
-retaliatory laws in some States. The average expense is about $25, and
-the certificates are generally good for an indefinite period; the only
-annual requirements being a formal report which does not involve the
-giving of the details of the corporation’s business and there is no
-annual taxation unless the corporation has both property and is doing
-business within such State.
-
-In many cases where valid claims exist in favor of a corporation of
-another State against a New York debtor, a serious obstacle arises where
-the foreign corporation has not obtained a certificate to do business in
-this State, and, therefore, cannot maintain the action. By the statutes
-as last amended this prohibition covers also any one to whom such
-foreign corporation has assigned the claim for collection. The
-provisions of the New York corporation law in this matter are easily
-complied with. There has to be a sworn copy of the charter of such
-foreign corporation and the designation of some person on whom process
-can be served.
-
-The objection to complying with the statute in this respect is the
-possible liability to taxation after the corporation gets its name on
-the State Register. All that is taxable in New York State is the amount
-of capital used in the State, and this would be so small as to be
-unimportant provided, of course, that the proper returns to the tax
-departments at Albany and New York are made out each year. This, we
-understand can be done in ordinary cases, at a charge of $10, for the
-two reports, one to Albany and one to New York, and this sum is a very
-small tax to pay for what must be the advantages of selling lumber and
-maintaining the legal rights connected with such sales in New York
-State.
-
-=Opinion No. 17.=
-
-
-
-
- A CARRIER IS BOUND TO DELIVER LUMBER AS DIRECTED.
-
-
-Question.—My shipper consigns me a car of lumber and marks the bill of
-lading “via P. R. R. delivery.” If this car arrives by the C. R. R. of
-N. J., can I be compelled to accept same from them, or does my original
-contract entitle me to insist on P. R. R. delivery?
-
- Reply: One of the important and imperative duties of a carrier
- is to deliver the lumber as he is directed to deliver it. A
- direction to deliver it to a specified connecting carrier or
- delivery concern cannot be fulfilled by delivering it to
- another, any more than a direction to deliver it to a certain
- consignee can be carried out by delivery to another individual.
- If the carrier makes a wrong delivery, as here described, he is
- guilty of conversion. The consignee is not bound to accept the
- lumber from the connecting carrier to whom it has been wrongly
- delivered. He may sue the original carrier for the value of the
- lumber as soon as he learns that a different delivery from that
- directed by the bill of lading has been made.
-
-=Opinion No. 11.=
-
-
-
-
- IF A BUYER REFUSES TO TAKE LUMBER ORDERED THE SELLER HAS A CHOICE OF
- REMEDIES.
-
-
-Question.—Some time in March last we received an order for two cars of
-32–inch lath. A few days after the order came to hand we received a
-letter from our customer requesting us to defer shipment on account of
-the threatened strike in the coal regions, which request was complied
-with. The difficulties between the miners and operators have of course
-been adjusted and operations were resumed some time ago, but our
-customer has so far failed to furnish shipping directions for the lath,
-which we had cut especially for his order and piled on our docks ready
-for shipment at the time his request was received to hold the order.
-Would we not be justified in loading this stock up and putting cars in
-transit in accordance with the original order and insisting upon
-acceptance of same upon arrival?
-
- Reply: This buyer has not, in our opinion, lost his right to
- select the route by which the goods shall be shipped to him.
- There is no question that his delay in giving such instructions
- has been unusually great, but the sellers on their part have
- given no indication of an objection to such delay. It is clearly
- their right now to demand that he send shipping instructions
- immediately and to inform him that they will send the goods by a
- route of their own selection if he does not name a route by
- return mail; then, if the buyer does not reply, or if he refuses
- to issue shipping instructions, or undertakes to repudiate the
- contract, the sellers will have a choice of three remedies: They
- may ship the goods to him by any suitable carrier and compel him
- to pay for them; they may inform him that the goods are held
- subject to his order, to be shipped in whatever manner and at
- whatever time he may select, and then compel him to pay for
- them, or they may name a time and place at which the goods will
- be sold at auction for his account, giving him sufficient
- opportunity to be present at the sale, and may then sell them at
- such time and place, holding him liable for the necessary
- expenses of advertisement and sale and for any amount, by which
- the selling price may be less than the contract price.
-
-=Opinion No. 12.=
-
-
-
-
- UNDER CERTAIN CONDITIONS THE ACCEPTANCE OF PART OF A DEBT DOES NOT
- RELEASE THE REMAINDER.
-
-
-Question.—One of our customers recently sent us a check for less than
-the amount of his bill, saying in his letter that he was remitting the
-full amount due us. If he had taken advantage of the regular discount on
-his last purchase (which he did not do) the amount now due us would have
-been within a few dollars of the size of the check, but even then the
-check would not represent the exact amount due to us. He does not say in
-so many words that he is claiming a discount, just sends the check and
-writes, “enclosed please find amount of my bill to date.” Something of
-this kind happens rather frequently, and we would like you to advise us
-whether we must forego using that check until we can write and
-straighten out the matter with him. More is due to us than he has paid
-us, and it seems a hardship that we should be kept out of even this part
-of our claim during the week or month which it may take to have a full
-understanding with our customer.
-
- Reply: The creditor, in a case of this kind, is justified in
- cashing the check and still demanding the amount yet due; this
- amount he can recover by suit if it is not paid voluntarily. The
- buyer, it seems, was not entitled to a discount, and he has not
- made a specific claim to any. Being indebted to a certain amount
- he simply sends a check for part of that amount. He does not say
- that he claims a discount. If this check for less than the full
- amount due had been accompanied by a demand that it be either
- accepted as payment in full, or else returned, a different
- question might have arisen; but even then the check might safely
- have been cashed under the facts of this case. This case is
- simply that of a man who owes $100 and who sends his creditor a
- smaller amount. The proper course for the creditor is to accept
- what is sent as a payment upon account and still maintain his
- claim for what is yet due.
-
-=Opinion No. 18.=
-
-
-
-
- BANKRUPTCY AVOIDS AN ASSIGNMENT FOR CREDITORS.
-
-
-Question.—We made a sale to a firm who became embarrassed and offered a
-compromise to their creditors. We accepted the settlement offered, 25
-per cent. cash and 25 per cent. by note at one year. The note given us
-was not paid and after some delay the concern now goes into bankruptcy.
-Please inform us whether our claim in the bankruptcy proceedings would
-be the note only or the full amount due under the original sale?
-
- Reply: The compromise in this case, in so far as it has not been
- carried out, will probably be set aside and all the bankrupt’s
- estate be held liable to his creditors under the bankruptcy
- proceedings. It has been held that “an adjudication of
- bankruptcy at the instance of the bankrupt’s creditors on the
- ground of a general assignment, avoids such assignment and
- subjects the property assigned to the jurisdiction of the
- bankruptcy court to be administered under the Bankruptcy Act
- which the creditors have invoked.”
-
-Opinion No 14.
-
-
-
-
- AN INDIVIDUAL MAY TRANSACT BUSINESS UNDER A CORPORATE TITLE IN NEW
- JERSEY.
-
-
-Frequently the question arises regarding a person’s legal right to start
-business under a corporate title; for instance, as “Can John Smith
-conduct business as the Pine Lumber Company,” etc.
-
-Question from New Jersey.—A person wishes to start a lumber business in
-New Jersey. Can he adopt a style such as “The Crescent Lumber Company”
-without being incorporated, the manager being the sole proprietor? Is
-there anything necessary to be done in such a case beyond hanging out
-his sign at his place of business?
-
- Reply: In New York no person is now allowed to establish a
- business under any name, corporate or individual, except his own
- name, until he has first placed on record in the county clerk’s
- office, in the county in which the business is to be carried on,
- a statement of the facts. So far as we can find, however, there
- is no similar statute in New Jersey. It is a comparatively
- recent law in this State and there are not many other States
- that have adopted it. The public cannot be misled to its
- detriment by such a method of doing business as our
- correspondent proposes, and there is no common law rule against
- it. If any creditor supposes that the business is being carried
- on by a corporation he will not be harmed by the mistake,
- because the liability of an individual owner, or of a firm, is
- greater than that of the stockholders of a corporation. A
- creditor who learns that his business belongs to an individual,
- instead of a corporation, will be benefited by the knowledge,
- not damaged. If there should be a statute just enacted requiring
- registration, the county clerk will know of it.
-
-=Opinion No. 10.=
-
-
-
-
- WHETHER FREIGHT IS PREPAID OR ALLOWED DOES NOT AFFECT TITLE TO LUMBER.
-
-
-Question.—A dealer in Buffalo sells a car of lumber to a dealer in
-Baltimore with the understanding that freight is to be allowed from
-Buffalo to Baltimore. Please state whether there is any distinction as
-to the ownership of the lumber in transit, whether the Buffalo dealer
-prepays the freight in Buffalo or allows the Baltimore dealer to deduct
-the amount of freight in settlement. If the freight is prepaid in
-Buffalo at the time of shipment, and the lumber be lost in transit prior
-to delivery, is the ownership of the lumber vested with the Buffalo or
-the Baltimore dealer?
-
- Reply: If lumber is sold with an understanding that the seller
- is to pay the freight, it makes no difference at all, as to
- ownership during transit, whether freight is prepaid and
- included in the price, or whether it is deducted from the price
- and left for the buyer to pay. A seller is not bound to carry
- the lumber to its destination and deliver it there unless he has
- expressly agreed to do so. This is true whether the seller pays
- the freight or not; in either case a valid delivery,
- transferring risk and title, may be made, if the seller so
- chooses, at the beginning of the transportation unless the
- seller has agreed to deliver the goods elsewhere.
-
-=Opinion No. 9.=
-
-
-
-
-OBTAINING CERTIFICATES PERMITTING FOREIGN CORPORATIONS TO DO BUSINESS IN
- PENNSYLVANIA.
-
-A recent attorney’s opinion contained some valuable information
-regarding the filing of certificates in New York State, permitting
-foreign corporations to transact business in that State and maintain an
-action. We have been asked for information regarding the requirements of
-the Commonwealth of Pennsylvania in this matter and our attorney at
-Philadelphia, William S. Furst, Stephen Girard Building, has forwarded
-the following opinion.
-
- Herewith follows an opinion embodying the essential points in re
- foreign corporations doing business in the State of Pennsylvania.
-
- The Act of Assembly approved April 22, 1874, provides that no foreign
- corporation (this includes corporations created by other States) shall
- do any business in this Commonwealth until such corporation shall have
- established an office and appointed an agent for the transaction of its
- business therein, and it shall not be lawful for any such corporation
- to do any business in this Commonwealth until it shall have filed in
- the office of the Secretary of the Commonwealth a statement under seal
- of such corporation, and signed by the President or Secretary thereof,
- showing the title and object of said corporation and the name of its
- authorized agent, with a penalty attached thereto for violation, that a
- person shall be guilty of a misdemeanor, etc.
-
- The words “doing business” do not include a sale in a foreign State,
- although the goods are delivered in this State, or taking orders, or
- making sales by salesmen through agents going into Pennsylvania from
- another for that purpose.
-
- In short, a foreign corporation engaged in strictly interstate
- commerce, may advertise its goods, send agents to solicit orders, take
- orders, make contracts of sale respecting the same, and ship them to
- customers in Pennsylvania, without violating the act, and may sue to
- recover the price of any merchandise without filing the statement
- required by the act, although the foreign corporation in question has
- no office or place of business in Pennsylvania and no part of its
- capital invested here.
-
- A foreign corporation, which has not complied with the Act above
- stated, but has an office or place of business in Pennsylvania, or any
- of its capital invested within the State, cannot enforce contract
- rights in the courts of Pennsylvania.
-
- It has been recently decided by the Supreme Court of the State of
- Pennsylvania (the court of last resort) that a foreign corporation
- which invests most of its capital in the State of Pennsylvania for a
- period of six months while constructing a railway, employs large
- numbers of men, but does not file a statement in the office of the
- Secretary of the Commonwealth, as required by the provisions of the Act
- until two months after completion of the work, cannot recover for labor
- and materials furnished in doing such work.
-
- With respect to the taxes imposed upon foreign corporations doing
- business in the State of Pennsylvania, the Act of May 8th, 1901,
- provides that all foreign corporations shall pay to the State Treasurer
- for the use of the Commonwealth a bonus of one-third of one per centum
- upon the amount of their capital actually employed or to be employed
- wholly within the State, and a like bonus upon each subsequent increase
- of capital so employed. This is not an annual tax. It has been defined
- to be the price paid the Commonwealth for the privilege conferred on
- such corporation by its charter. It is therefore in no sense a tax, and
- the payment thereof does not relieve any corporation from any tax to
- which it is otherwise subject.
-
- Respecting the taxation of foreign corporations, they are taxable like
- domestic corporations on so much of their capital stock as is invested
- within the Commonwealth under the provisions of the Act of Assembly
- approved June 8th, 1898. The tax is imposed annually at the rate of
- five mills upon each dollar of the actual value of the whole capital
- stock of all kinds invested or represented by capital invested within
- the State.
-
- The tax is settled by the accounting officers upon the basis of a
- report required to be made by all companies subject to the tax, and
- particularly upon the appraisement of the value of the stock contained
- in such report. The report is filed between the first and fifteenth of
- November in each year.
-
- Foreign corporations are also obliged to file a bonus report annually,
- from which should appear whether there has been any increase in the
- amount of the capital actually invested within the State, so that the
- proper bonus charges may be made upon any such increase as above
- stated.
-
-=Opinion No. 19.=
-
-
-
-
- PAYMENT OF CLAIMS BY AN EXECUTOR—TIME FOR FINAL ACCOUNTING.
-
-
-Occasionally the question arises as to what length of time an executor
-has to close an estate, and the following, particularly the second
-section, may be helpful:
-
-Question—Can an executor pay a bill of $10 or less, or what is the
-largest amount he can pay, without having the claim verified before a
-notary, according to law?
-
-2.—Within what time do the laws require that an executor’s accounts
-shall be made up and ready for final settlement?
-
- Reply: 1. The law makes no distinction as to the amount of the
- claim against the estate for which an executor should require
- vouchers and an affidavit. The statutory provision is as
- follows: “The executor or administrator may require satisfactory
- vouchers in support of any claim presented, and the affidavit of
- the claimant that the claim is justly due, that no payments have
- been made thereon, and that there are no offsets against the
- same to the knowledge of the claimant,” see Code of Civil
- Procedure, Section 2718. If an executor should pay a claim of
- any considerable size, without this precaution, and the claim
- should afterwards turn out to be unjust, he could be, or
- probably would be, required to repay the amount to the estate.
-
- 2. The laws of this State do not fix any definite time as the
- limit within which an executor must make his final accounting.
- Whenever a year has expired since the grant of his letters, the
- surrogate may compel the executor to make an accounting of all
- that has been done up to that time. If the estate is then in a
- condition to be definitely settled this may be done. If there
- has been any remissness on the part of the executor this may
- properly be dealt with by the surrogate. If the executor has
- used due diligence, and still is not ready to make a final
- accounting, he may have further time, always, of course, under
- the supervision of the court.
-
-=Opinion No. 23.=
-
-
-
-
- A SELLER MAY CONTRACT AGAINST LIABILITY FOR DELAY IN SHIPPING.
-
-
-Question—A company in Boston sells to A in New York 800,000 feet of
-lumber and on the sales slip are the words, “for delivery, one cargo in
-June, and one in July.” The lumber was shipped in four cargoes, about
-200,000 feet in each. The first two were shipped in July; the third
-cargo on the 18th of August, and the fourth on the 21st of August. The
-first two cargoes were accepted at the contract price, $27, but the
-customer refuses the third and fourth cargoes, claiming that we were
-late on the deliveries. It is a well known fact that all through this
-year vessels have been very hard to obtain. Has the New York dealer a
-right to refuse to accept the third and fourth cargoes at the contract
-price? The price has dropped from the spring to the present time from
-$27 to say $24. The customer claims the last two cargoes at the going
-market price prevailing at the time they arrived. Inasmuch as the
-cargoes cannot be sold over again, except at a less price than the New
-York customer offered, we were obliged to let him unload the last two
-cargoes. We claim that the customer has no right to deduct anything,
-owing to the lateness of delivery, because our orders read, “subject to
-delays caused by fires, strikes or other causes beyond our control.”
-
- Reply: We suppose the clause quoted by our correspondent,
- “subject to delays,” etc., is incorporated in the contract or is
- so prominently printed on the order blank that the buyer cannot
- fail to understand that the sale is made subject to it. If that
- is true, and if it is also true that the delay in this case
- actually arose from a cause beyond the control of the sellers,
- then the buyer’s position was not tenable at the beginning. It
- is possible, however, that the buyer can maintain his position
- now by reason of the acquiescence of the sellers. The buyer had
- a right to ask that a deduction in the price be made by reason
- of the delay. If the sellers had refused this request and
- demanded expressly that the cargo be accepted at the contract
- price, or not accepted at all, they could have enforced their
- demand. It does not appear very clearly what answer the sellers
- made to the buyer’s request for a lower price. Our correspondent
- says: “Inasmuch as the cargoes cannot be sold over again, except
- at a less price than the New York customer offered, we were
- obliged to let him unload the last two cargoes.” There was
- plainly a dispute as to whether the delay was one which was
- excusable under the terms of the contract, and, if the act of
- the sellers, or their answer to the request of the buyer for a
- lower price, can be construed into an acquiescence in that
- request, the sellers are now bound by such acquiescence. If the
- sellers have always insisted that the contract price must be
- paid, that the goods must be accepted in strict accordance with
- the contract, or rejected, then they are in position to collect
- the full contract price for all the lumber.
-
-=Opinion No. 24.=
-
-
-
-
- WHEN LUMBER IS SOLD FOR DELIVERY THERE IS A BREACH OF CONTRACT IF NOT
- DELIVERED.
-
-
-Question from Buffalo, N. Y.—A sells B a carload of lumber at a given
-price delivered, Boston rate of freight for shipment from the West. B
-gives directions which are accepted by A for shipment of car to a point
-taking a Boston rate of freight. The lumber is shipped as per contract,
-and the consignee pays a sight draft with bill of lading attached
-according to terms. While in transit the lumber is destroyed. Is the
-shipper not responsible to the consignee for the lumber, as it was not
-delivered, as the contract called for; and after the lumber is destroyed
-does the consignee have an option of insisting on having the shipment
-replaced or canceling the order?
-
- Reply: Our correspondent calls attention to the fact that the
- contract in this case called for a delivery of the lumber at the
- end of transportation. This being so, the seller was bound to
- carry and deliver the lumber, as well as to furnish it. The
- carrier was an agent of the seller and if the lumber is not
- delivered the seller is to look to the carrier for damages,
- while the buyer looks to the seller. What the seller undertook
- to do in this case was to supply the lumber, to carry it, and
- then to deliver it. If he fails in either point he is guilty of
- a breach of contract. He has failed to deliver the lumber; the
- buyer may regard this as a breach of contract, which it is, and
- sue for such damages as may have come upon him as a result of
- the breach. The buyer cannot compel the seller to replace this
- lumber with other; but if the seller would rather do that than
- pay damages, and if the buyer is willing to have it done, then,
- of course, it may be done.
-
-=Opinion No. 22.=
-
-
-
-
- A LIQUIDATED DEMAND CANNOT BE SETTLED EXCEPT BY PAYMENT OF THE WHOLE
- AMOUNT.
-
-
-Question—An individual in Providence, R. I., who was indebted to me,
-forwarded a check for less than the amount of his entire indebtedness.
-He stated on the face of it “settlement in full.” This in nowise
-discharged his obligation to me and I wrote him that I would credit his
-check on account and requested a remittance of the balance. He takes the
-position that under the Rhode Island law he has discharged his
-indebtedness. Please advise what rights I hold in the premises.
-
- Reply: We do not find any statute or decision in Rhode Island to
- the effect that a payment of this kind constitutes payment in
- full. All the reported decisions by the courts of that State we
- have been able to find lay down practically the same rules upon
- the subject that are enforced by the courts of New York. This
- payment was made in New York, and the laws of this State govern
- it in any event. The law upon the subject here (and, so far as
- we can learn, in Rhode Island, too), is briefly this: If there
- is no doubt, and no dispute, as to the amount due, then payment
- of less than that amount will not discharge the debt, even
- though the creditor agree to accept it as a discharge, if there
- is no release under seal and no new consideration given. If the
- debt is unliquidated, if there is a doubt or dispute as to the
- amount of it, then the debtor’s offer of so much as payment in
- full constitutes his estimate of the amount really due. The
- creditor cannot accept the money without accepting the estimate.
- The debtor has a right to go into court to have the dispute
- settled, and if the creditor is unwilling to accept the
- condition under which the money is sent he is bound to return
- the remittance and allow the whole matter to be determined in
- some authoritative way. For decisions to the effect that part
- payment of a debt that is liquidated and certain is not payment
- in full, even when the creditor accepts the money and uses it,
- see 23 N. Y., 684; 108 N. Y., 470; 1 R. I., 496; and 8 R. I.,
- 381.
-
-=Opinion No. 20.=
-
-
-
-
- PRIVILEGE OF STOPPING LUMBER IN TRANSIT WHEN BUYERS BECOME INSOLVENT.
-
-
-Question—When lumber has been sold and shipped, and the seller
-afterwards directs the carrier not to deliver it to the buyer but to
-return it to him, is the carrier under any obligation to return it, or
-must he go ahead and deliver it to the buyer, or may he exercise his own
-will in matter? What are the legal rights of all parties in such a case?
-
- Reply: If one who has sold lumber on credit learns, after it has
- been delivered to the carrier, that the buyer is insolvent it is
- his right to demand that the lumber be not delivered to the
- buyer, but be returned to him. This is known as the right of
- stoppage in transit, and it is founded upon the theory that one
- who buys on credit is bound by an implied contract to keep his
- credit good until the date of payment arrives. In order that the
- seller may be entitled to exercise this right the buyer must be
- actually insolvent, that is, unable to meet his just obligations
- as they fall due; the lumber must be still in the hands of the
- carrier, and not yet delivered into the actual or constructive
- possession of the buyer. If the lumber is represented by a bill
- of lading making it deliverable to the buyer or his order that
- must be still under the buyer’s control; if he has transferred
- it to a third person, who has taken it for value and in good
- faith, the seller’s right of stoppage is gone. If a seller who
- has a right to stop the lumber attempts to exercise the right by
- directing the carrier not to deliver it the carrier is bound to
- obey the direction. The carrier, however, acts at his peril in
- any case. If he obeys the instruction and refuses to deliver the
- lumber to the buyer, and the buyer is solvent, he may bring an
- action of trover against the carrier immediately. On the other
- hand, if the carrier disobeys the instruction, and delivers up
- the lumber, he makes himself liable to the seller, at least to
- the extent of the buyer’s indebtedness for the lumber, if it is
- a case in which the seller is justified in exercising his right
- of stoppage in transit. Because of these difficulties of his
- situation, the carrier is entitled to a reasonable time in which
- to investigate the financial condition of the buyer; but if he
- finally delivers the lumber to the buyer in any case in which
- the seller had a right to countermand the order for their
- delivery, and had done so, the carrier must answer for it.
-
-=Opinion No. 27.=
-
-
-
-
- SALES FOR FUTURE DELIVERY.
-
-
-Frequently the question of credit arises after a contract for future
-delivery has been made, and the following may be helpful:
-
-Question—Will you kindly give us your opinion in the following matter: A
-makes a sale to B of a certain quantity of lumber for future delivery,
-payments to be made on a credit of sixty days’ time. Before the delivery
-of lumber begins, A has reason to believe that the responsibility of B
-is not satisfactory to him and refuses to ship the lumber except for
-cash with discount for the difference in time. What redress has B in
-this matter, if he is not in a position to pay cash?
-
- Reply: The refusal of A to ship the lumber to B under
- these circumstances constitutes a breach of contract, for
- B has an action against A for damages. Something more than
- dissatisfaction with B’s financial responsibility is
- necessary to furnish A with a valid excuse for his refusal
- to ship except for cash.
-
-=Opinion No. 30.=
-
-
-
-
- IN MOST STATES A CONSIGNEE MUST BE NOTIFIED OF THE ARRIVAL OF HIS
- LUMBER.
-
-
-Question—Is a railroad company obliged to notify the consignee of the
-arrival of lumber when it is billed and the bill of lading reads: “Order
-of shipper, notify consignee,” and if the carriers fail to notify the
-consignee, have they the right to charge demurrage or storage for the
-lumber so held? Would it make any difference if the lumber were billed
-direct to the consignee and were not an “Order notify shipment?” Have
-the courts made any rulings of this matter, and where can we find them?
-
- Reply: A railroad company is, of course, bound to comply with
- the undertaking set forth in its own bill of lading. If it
- accepts goods to be carried and delivered under a bill which
- expressly directs it to “notify the consignee” there is no
- ground upon which it can escape its obligation actually to
- notify the consignee except the impossibility of finding him by
- the ordinary means. If the consignee can readily be found the
- carrier has not fulfilled the task which it has expressly and in
- definite terms undertaken to fulfill until it has found him and
- notified him. It has no right to charge demurrage or storage
- until such notification has been duly given. If the consignee
- cannot be found by the exercise of reasonable diligence then the
- attempt to find him will serve the carrier as well as an actual
- notification. If the bill of lading does not, in express terms,
- direct the carrier to notify the consignee this duty still rests
- upon the carrier by common law as it is interpreted in this
- State. In some States (Massachusetts, for example) the carrier
- is not bound to notify the consignee of the arrival of his goods
- unless the contract of carriage expressly so directs. But in New
- York the courts hold that this is one of the carrier’s duties,
- as carrier, without any special stipulation regarding it. This
- is the rule, as the courts of New York have announced it. “The
- rules as to the delivery of goods at their place of destination
- by a carrier that prevail in this State are as follows: If the
- consignee be present upon the arrival of the goods, he must take
- them without unreasonable delay. If he be not present, but live
- at or in the vicinity of the place of delivery, the carrier must
- notify him of the arrival of the goods, and then he has a
- reasonable time to remove them. If he be absent, unknown, or
- cannot be found, then the carrier can place the goods in its
- freight house, and if the consignee does not call for them in a
- reasonable time, its liability as a common carrier ceases.”
-
-=Opinion No. 25.=
-
-
-
-
-OBTAINING CERTIFICATES PERMITTING FOREIGN CORPORATIONS TO DO BUSINESS IN
- NEW YORK.
-
-
-A previous opinion contained some information regarding foreign
-corporations obtaining certificates to do business in New York. The
-following additional information, from our attorney in New York, Mr.
-Eustace Conway, 15 William Street, regarding amendments effective
-November 1st, will be interesting:
-
- There went into effect on November 1st, 1906, various important
- amendments to the corporation Tax Law. The annual franchise tax is
- placed on a different basis from what it has been heretofore for
- foreign corporations, and the license tax which foreign corporations
- have to pay for doing business in this State is also changed as to its
- method of determination. Under the new law the measure of amount of
- capital stock employed in this State (on which the tax of ⅛ of 1 per
- cent. is to be paid for this corporation license to do business here)
- is to be such a proportion of the issued capital stock as the gross
- assets employed in any business within this State bear to the gross
- assets wherever employed in business. As no action shall be maintained
- in any of the courts of this State by such foreign corporation without
- obtaining a receipt for this license fee, it is important to foreign
- corporations expecting to do business here to comply with the statute
- and take out the certificate. This tax, of course, is only to be paid
- once for the license, unless later an increased amount of capital stock
- is employed in the State, but this is not likely to occur. The annual
- franchise tax is, of course, a different tax, but it is based on the
- same proportion, except that the amount of dividends is also to be
- considered.
-
-=Opinion No. 26.=
-
-
-
-
- THE NEW JERSEY LIEN LAW PROTECTS MATERIAL MEN.
-
-
-Question—Please state whether or not, under the laws of the State of New
-Jersey, a seller of building materials comes in under the mechanics’
-lien law the same as the man selling his labor.
-
- Reply: Persons furnishing materials for the erection of a
- building are called “material men” in the Mechanics’ Lien Law of
- New Jersey, and they have a lien which is protected like that of
- a laborer. The first section of the law provides that “every
- building hereafter erected or built within this State shall be
- liable for the payment of any debt contracted and owing to any
- person for labor performed or materials furnished for the
- erection and construction thereof, which debt shall be a lien on
- such building, and on the land whereon it stands.” It is further
- provided, in a later section, that “whenever any master-workman
- or contractor shall, upon demand, refuse to pay any person who
- may have furnished materials used in the erection of any such
- house or other building—it shall be the duty of such—material
- man to give notice in writing,” etc. As a result of this notice
- his lien attaches and his claim is protected.
-
-=Opinion No. 21.=
-
-
-
-
- OBLIGATION OF CARRIERS AS TO NOTICE OF ARRIVAL TO CONSIGNEE.
-
-
-Question—Is a railroad company, which has accepted lumber for
-transportation to a certain point, legally obligated to notify the
-consignee at the respective point of the arrival of lumber?
-
- Reply: The law relating to the obligation of a railroad company
- to notify the consignee of the arrival of the lumber at the
- point of destination is not uniform in all the States. The rule
- adopted in New York and in most of the States is that the
- carrier must give notice of arrival to the consignee, and that
- until notice is given, or a reasonable effort to give notice is
- made, the carrier’s liability as carrier continues in force.
-
-=Opinion No. 28.=
-
-
-
-
- BUYERS’ POSITION WHERE, ON ARRIVAL, LUMBER IS NOT IN ACCORDANCE WITH
- CONTRACT.
-
-
-Question—A has sold to B a carload of lumber to be delivered on or
-before November 24, payment cash promptly after arrival and examination.
-The lumber arrives on the 24th, and A gives on that day to B an
-examination order for the lumber, which examination order B accepts. B
-uses proper diligence in trying to examine, but, owing to congestion of
-cars at the depot the lumber is not unloaded for several days, and he
-can only examine it on the 28th. He finds it to be of a quality inferior
-to the grade contracted for and rejects it, and his rejection is
-sustained by arbitration. B claims the right to go into the market on
-the 28th, buy a carload of lumber of the grade contracted for and demand
-from A the difference between the contract price and the price paid by
-him on the 28th. A maintains that he can only be held responsible for
-the difference between the contract price and the ruling market value on
-November 24, the last date stipulated in the contract. Who is right?
-
- Reply: This lumber was sold for delivery at the buyer’s end of
- the route, the purchase price was to be paid only after arrival
- and examination. The carrier was an agent of the seller, and he
- did not give the buyer an opportunity to make examination until
- November 28. No valid delivery was made, or could have been
- made, before November 28, inasmuch as an examination by the
- buyer was to precede such delivery. When delivery was tendered
- on November 28 the lumber was found to be such as the buyer was
- at liberty to reject. He was, accordingly, authorized to go into
- the market on that day and buy at the price then prevailing in
- order to place himself in as good a position as he would have
- been in if the seller had done his duty and had not been guilty
- of a breach of contract. The buyer has a right to demand that
- the seller shall place him in this position.
-
-=Opinion No. 37.=
-
-
-
-
- LIABILITY OF TRANSPORTATION COMPANY IN DELIVERING WITHOUT SURRENDER OF
- BILL OF LADING.
-
-
-Question—Can a transportation company be held responsible for delivering
-a shipment of lumber to a consignee without surrender on the part of the
-consignee of signed bill of lading, originally issued when shipment was
-made?
-
- Reply: Until lumber shipped has been completely delivered to the
- person entitled to receive it, the bill of lading represents the
- lumber, but no longer. The transfer of a bill of lading passes
- the title of the transferor to the transferee. If, therefore, a
- transportation company delivers the shipment to consignee
- without a surrender of the bill of lading it is liable to a
- person who has obtained a valid title to the shipment by
- transfer of the bill of lading from the consignee.
-
-=Opinion No. 29.=
-
-
-
-
- IF NO SPECIFIC TIME OF SHIPMENT IS NAMED A REASONABLE TIME IS
- UNDERSTOOD.
-
-
-Question—On October 25th we bought of a manufacturer a carload of lumber
-through their agent. On the 30th we received confirmation of the order.
-Nothing was said about the time of shipment, except that in sending the
-sizes on October 26th, we told them to “ship at once.” On November 1st
-they wrote that they would ship it “the coming week.” No part of it has
-been shipped yet. We could have disposed of the carload during this time
-at a very good profit. During all this time we have been completely out
-of this kind of lumber. Have we a just claim for damages?
-
- Reply: It does not appear whether the confirmation received by
- the buyers on October 30 was sent by the sellers before or after
- their receipt of the instruction to “ship at once.” The only
- importance of this point is this: If the sellers confirmed the
- order after receiving the instruction to “ship at once,” they
- were bound to ship at once. If they confirmed the order before
- receiving this instruction, then the instruction formed no part
- of the contract, and is not to be taken into account; in that
- case the sellers were bound simply to ship the lumber within a
- reasonable time—within the time within which these sizes
- commonly are shipped. If they have not done so, they are guilty
- of a breach of contract and the buyers may recover any damages
- the breach has caused them. They are entitled to be placed by
- the sellers in as good a position as they would be in if the
- sellers had carried out their contract according to its terms.
- The letter of the sellers of November 1, saying they would ship
- the goods “the coming week,” forms no part of the contract. The
- agreement was made before that letter was written, and it is
- binding as originally made. The letter is of importance,
- however, as showing an estimate of the sellers themselves as to
- what was a reasonable date of shipment. The letter is not
- binding upon the buyers, if they can prove that an earlier date
- would have been reasonable; but it is binding upon the sellers,
- who wrote it.
-
-=Opinion No. 36.=
-
-
-
-
- ONE WHO BUYS LUMBER IS LIABLE THOUGH HE TRANSFERS IT BEFORE DELIVERY.
-
-
-Question—An individual buys a carload of lumber for future delivery and
-before it is delivered he forms a partnership with two other persons and
-turns the order over to the firm. Delivery of the lumber is made to this
-firm. Please say whether the individual is liable, or only the
-partnership. It is a limited partnership and the buyer has only a
-certain definite amount at stake with it.
-
- Reply: This is simply the case of an individual who has
- purchased goods and then has sold or transferred them before
- they have come into his actual possession. Such cases, that is,
- of a second sale before delivery to the first purchaser, are
- very common, and the original purchaser remains liable precisely
- as if delivery has been made to him and he had afterward
- disposed of the goods as he saw fit. In the case our
- correspondent puts the seller may look to the first buyer unless
- he has agreed to release him and look to the firm.
-
-=Opinion No. 38.=
-
-
-
-
- A LUMBER SALESMAN GENERALLY HAS NO POWER TO BIND HIS PRINCIPAL.
-
-
-Question—One of our traveling salesmen has just sent in a larger order
-than we feel safe in filling for that particular customer on the liberal
-terms of credit allowed him in the same contract. Are we compelled to
-fill the order, or may we reject it without incurring any legal
-liability?
-
- Reply: Ordinarily a traveling salesman is authorized merely to
- take orders and submit them to his principal for acceptance or
- rejection. He has no power to bind his employer irrevocably by a
- contract of sale. Our correspondents are justified in refusing
- to fill an order sent in by their salesman unless the latter was
- expressly authorized to make a valid and binding sale upon his
- employers’ behalf, or unless traveling salesmen are usually
- clothed with this power. In the latter case each salesman will
- be presumed to have the powers usually possessed by men of this
- class, unless the buyer had notice of a limitation upon this
- general and usual power in the case of the salesman with whom he
- was dealing.
-
-=Opinion No. 35.=
-
-
-
-
- USING LUMBER WITHOUT CONSENT OF SHIPPER WHERE QUALITY IS DISPUTED.
-
-
-Question—We shipped a carload of lumber to a party and they complained
-of the quality and refused to settle in full. We insisted upon a
-settlement in accordance with invoice, or re-inspection of the entire
-carload by an inspector that would be satisfactory to both parties. We
-sent a man to look at the lumber and found that it was put in a dry kiln
-without our consent, and this, of course, prevented an inspection of the
-lumber in its original condition. Are we correct now in insisting upon a
-settlement in full as invoiced, and can we maintain our action in a
-lawsuit?
-
- Reply: If your lumber was received by the company and, without
- authorization from you they put it in the dry kiln, so as to
- prevent your examining it or taking it back, they would be
- liable to you for the invoice price. They cannot accept the
- lumber, use it and then refuse to pay. By their acceptance they
- waive any defects in quality or quantity, which can be
- ascertained upon an inspection of the lumber upon arrival. They
- do not waive any defects that are what we call “latent,” that
- is, that are not readily ascertainable upon an examination of
- the lumber on arrival, but only show after the lumber may be put
- in use. As we take it, such complaints as have been made relate
- to alleged defects which they ascertained as soon as they
- received the lumber. In that case they had no legal right to use
- it, and if they used it, they are liable for the invoice price.
-
-=Opinion No. 34.=
-
-
-
-
- IN AN F. O. B. SALE, SHIPPING POINT, THE CARRIER IS THE BUYER’S AGENT.
-
-
-Question—If I buy goods f. o. b. point of shipment and part of the goods
-invoiced are lost in transit can the consignor enforce payment for the
-goods not received?
-
- Reply: When goods are bought f. o. b. place of shipment they are
- delivered to the buyer at the place of shipment. Title to the
- goods passes to the buyer as soon as delivery is made to the
- carrier and the carrier is an agent of the buyer to bring his
- goods to him. If the goods are lost on the way the buyer must
- pay for them, just as if they had reached him; they have reached
- his agent and have been delivered to him, and that is all the
- buyer can ask. When goods are sold the presumption always is
- that the buyer is to take charge of them in the place in which
- they are at the time of the sale. There is no presumption that
- the seller is to carry the goods to any place the buyer may
- select and deliver them to the buyer there. The seller may do
- this, of course, and he frequently does do it; but he is never
- bound to do it unless he has expressly so agreed. If the buyer,
- in any case, declared that the goods were to be brought to him
- by the seller he must show some clause in the contract that has
- this meaning; in the absence of such a clause the buyer, either
- in person or through an agent, is to take possession of the
- goods in the place they occupy at the time of the sale. The
- words, “free on board,” are sufficient to prevent the seller
- from making a good delivery while the goods are in his own
- warehouse, as he otherwise might do. These words place upon him
- the duty of taking the goods to the boat or cars and meeting the
- expenses necessary actually to start them on their way; but when
- this much is done the seller’s whole duty is done. The goods
- then belong to the buyer and have been delivered to him; that is
- all that is necessary to raise an obligation on his part to pay
- for them.
-
-=Opinion No. 33.=
-
-
-
-
- BUYERS CAN INSIST THAT LUMBER, PURCHASED ON CREDIT, BE DELIVERED.
-
-
-A retailer says: “Lumber was sold to us by a special written contract on
-a six months’ credit, the lumber to be ordered out as fast as we saw
-fit. We have taken a little more than half and only about two of the six
-months have expired. We order another small shipment to be made. The
-seller replies that he will send this car, but that he can make no more
-deliveries unless we are ready to discount part, at least, of our bill.
-He says that he has already extended credit to us as far as he feels
-justified in doing. He seems to pay no attention to the contract, under
-which we were entitled to order out all of the lumber at once, or in
-such shipments as suited us, and were to have a credit upon the whole
-bill of six months. Will he be sustained in the stand he has taken? If
-we have a remedy please say what it is?”
-
- Reply: When lumber has been sold and part of it delivered, it is
- too late for either the buyer or the seller to alter the
- contract without the consent of the other. If the sale is upon
- credit, as in this case, the terms of credit are such as have
- been agreed upon in the beginning. Either the buyer or the
- seller may ask, of course, to have the terms changed before all
- of the deliveries have been made, but if the other does not
- agree to the change the contract must be performed as it was
- made. It would be as reasonable for the buyer to refuse to
- accept the remainder of the lumber unless the terms of credit
- were made more favorable to him, as for the seller to refuse to
- continue his deliveries as agreed unless his new proposal as to
- credits were accepted. If the seller, in the case our
- correspondents put, refuses to go on with the contract in its
- original form, the buyers will have the same remedy they would
- have had if no deliveries at all had been made. They may go into
- the open market, when the time for delivery arrives, buy lumber
- enough to finish out the contract, and then hold the seller for
- such amount as they are compelled to pay over and above that
- named in the contract. Or, if they do not choose to do that,
- they may establish the amount of the loss arising from the
- seller’s breach of contract in any way in which it can be shown
- to the satisfaction of a jury and collect the damages so
- established. Or the buyers may cancel the remainder of the
- contract if they prefer that course. There is only one exception
- to this rule. Any one who has bought goods on credit is bound by
- an implied agreement to keep his credit good, and if he fails to
- do so he cannot require the seller to deliver the goods.
- Accordingly, if a buyer, before all of the lumber is delivered,
- shows an inability to pay any just claim in the ordinary course
- of business, when it falls due, those who have sold him on
- credit may lawfully refuse to go on with the deliveries and the
- buyer will have no remedy.
-
-=Opinion No. 39.=
-
-
-
-
- ONE CUSTOMER CANNOT DEMAND THAT CREDIT BE EXTENDED TO ANOTHER.
-
-
-Question—Lumber corporation No. 1 bought from lumber corporation No. 2
-several carloads of lumber for future delivery. Corporation No. 1,
-before the agreed time of delivery, commenced proceedings of
-dissolution. Out of corporation No. 1, however, a new corporation, No.
-3, was formed. Corporation No. 3 now demands of corporation No. 2 that
-they deliver this lumber. No. 2 declines on the ground that the
-personal, as well as the financial, standing of the new corporation is
-entirely changed. Do you think that corporation No. 2 has a legal right
-to do this? Where the word corporation is used we mean that one company
-is incorporated under the laws of one State, while the other two
-companies are existing under charters from different States.
-
- Reply: If any person or corporation has been willing to extend
- credit to corporation No. 1 that same person or corporation
- cannot for this reason be compelled to extend credit to
- corporation No. 3, or to any other person or corporation. If a
- corporation has bought goods and paid for them it may assign its
- right under that contract, which is simply a right to demand
- delivery of the goods to another corporation; but if it has
- bought goods on credit, and has then gone into dissolution, it
- cannot demand that the credit of any other corporation be
- substituted for its own.
-
-=Opinion No. 40.=
-
-
-
-
- GIVING A BAD CHECK DOES NOT PREVENT DISCHARGE IN BANKRUPTCY.
-
-
-Giving a worthless check for goods and disposing of them immediately is
-not a ground for refusing a discharge from bankruptcy. Judge Hough of
-the United States District Court has recently granted a discharge to a
-party who filed a petition in bankruptcy on October 24, 1906, with
-liabilities of $11,577 and no assets. His discharge was opposed by a
-creditor, who said that on June 6, 1892, the debtor bought $1,964 worth
-of goods, giving a check in payment, which was deposited in bank and
-came back marked “no funds.” The creditor went at once to debtor’s place
-of business and found that he had sold out and left the city. When
-debtor’s application for a discharge came up for a hearing he excepted
-to the specifications of objections, and Judge Hough sustained the
-exception on the ground that the objections are not within the statutory
-list.
-
-=Opinion No. 41.=
-
-
-
-
- WHAT IS CONVEYANCE ON F. O. B. SHIPMENT?
-
-
-Question—What is the meaning of f. o. b. Philadelphia, Pa.? What is the
-meaning of f. o. b. cars Philadelphia, Pa.? Is there any difference
-between the two above? If so, what is it?
-
-2.—In selling goods f. o. b. New Orleans, and same are delivered
-alongside of steamer, does the shipper or consignee have to pay cost of
-handling charges in transferring from cars to steamer; that is, on goods
-shipped from New York to New Orleans.
-
- Reply: (1) When goods are sold f. o. b. place of shipment the
- meaning is that the seller, for the amount named in the
- contract, will supply the goods and will bear the expense of
- delivering them on board that conveyance which is to carry them
- to their destination. The only difference between the two
- phrases set down above is that the latter binds the seller to
- deliver the goods on the cars at Philadelphia without any
- expense to the buyer; while the former binds him to deliver them
- at his own expense on some conveyance not yet specified, which
- will carry them to the buyer.
-
- (2) If goods are sold f. o. b. New Orleans, and they are to be
- carried to the buyer at some other place in a steamer, all
- expenses necessary to deliver them aboard the steamer are to be
- borne by the seller. The conveyance on board which the goods are
- to be delivered is that which is to take them to their
- destination. If goods are to be carried to a buyer on a steamer
- there is no reason why he should bind the seller to load them on
- freight cars and make a tender of them there.
-
-=Opinion No. 42.=
-
-
-
-
- FAILURE TO DELIVER ONE INSTALLMENT CAUSE FOR CANCELLING ORDER.
-
-
-Question—We purchased a quantity of lumber to be shipped in February,
-March and April in equal monthly shipments. The first shipment has not
-been made in February and we would like to know whether this entitles us
-legally to cancel the entire contract or only the February lot. In other
-words, does the breaking of a contract in one instance cancel the entire
-contract?
-
- Reply: When goods are to be delivered in instalments the courts
- of this State hold that the seller’s failure to deliver one
- instalment justified the buyer in refusing to accept that tender
- and also in rescinding so much of the contract as is yet
- unfulfilled. It is one contract, not several, and the seller
- cannot insist on a right to deliver only such instalments as he
- finds it convenient to deliver and to have them accepted. The
- buyer has not agreed to pay anything at all for part of the
- goods. His contract is that he will pay a certain amount for all
- of them. If he is not to have all of them, it is quite
- conceivable, and is often a fact that any part less than all is
- of very much less than proportionate value to him; it may have
- practically no value to him at all. In any event, the seller has
- agreed to do a certain service and the buyer has agreed to pay a
- certain sum of money. The court will not infer from that an
- obligation to pay half the money for half the service or to
- accept half the service on any condition, if the other half is
- to be, or has been, withheld.
-
-=Opinion No. 43.=
-
-
-Question—A customer places an order with the mill for November,
-December, January and February, proportionate shipments. The mills are
-unavoidably delayed in executing the order, but are finally able to make
-shipment of practically the whole order in February. The customer
-refuses to pay invoices for all the goods shipped in February, but
-claims dating on proportionate amounts in April, May and June. Is he
-justly or legally entitled to the dating and could he hold the goods
-subject to sellers’ order?
-
- Reply: There seems to have been no clause in this contract
- releasing the mill in case of such a delay as has occurred. In
- the absence of such a clause the buyer was justified in refusing
- to accept the goods when all of them were shipped in February.
- He is entitled to hold the goods subject to the seller’s order,
- or to return them. He cannot, however, force another contract
- upon the seller than that which was actually made. The mill may
- take back its goods or allow the buyer to accept them upon such
- new terms as may be agreed upon. The buyer is justified in
- receiving the original contract. This is upon the supposition
- that the buyer has not during the past four months said or done
- anything to lead the seller to suppose that he was satisfied
- with the delay, that he would accept all of the goods as readily
- in February as if shipment had been made in strict accordance
- with the terms of sale. If he has done that he is estopped now
- from making any objection to the tender.
-
-=Opinion No. 44.=
-
-
-
-
- AMOUNT OF CLAIM FOR DAMAGE AGAINST CARRIER.
-
-
-Question—We made a shipment via two connecting railroads. When it
-reached a junction prior to delivery at destination, i. e., a point on
-the second road, was badly or entirely damaged in a wreck, and our
-customer asked that we immediately replace the shipment, which we did,
-and made another shipment of the same kind of lumber four days later,
-but in the interim between the time of the first shipment and the time
-we received the replacing order from the customer, the price advanced,
-and in our second invoice we naturally charged the customer for the
-advance. The claim department of the railroad now offers to settle with
-us at the original invoice price of the first shipment and declines to
-entertain a settlement at the advanced price. We claim that our position
-is entirely legal in the matter, and that we are entitled to the
-advanced price for the shipment that was lost, the same representing the
-value of the goods at the time the goods were destroyed.
-
- Reply: Usually the measure of damages in a case of this kind is
- based upon the value of the goods at the time and place and in
- the condition in which they ought to have been delivered; the
- freight is to be deducted from this, if it has not been prepaid,
- and then interest is to be added from the day on which delivery
- ought to have been made to the day of payment; there is to be
- added also any expense to which the owner of the goods has been
- put as a necessary and natural result of the loss. What the
- carrier is bound to do is to put the owner of the goods as
- nearly as possible in the same position he would have occupied
- if the carrier had done his full duty in the first place. If the
- carrier had done his duty the owner could have sold the goods at
- the market price on the day of delivery at the place of
- delivery, he would have had the interest on the money
- thereafter, he would have escaped all incidental expenses
- arising out of the loss, and he would have been called upon to
- pay freight to the carrier, if it had not been paid in advance.
- There is only one exception to the rule that is at all common.
- If the goods have already been sold for delivery at destination,
- at a price less than that which chances to prevail when the day
- of delivery arrives, and if the carrier, at the time of
- shipment, had actual or constructive knowledge of this fact,
- then the owner can demand only the selling price with interest.
- In that case, if the carrier had done his duty, the owner would
- have obtained for his goods, not the market price, but only the
- contract price. Whether the carrier had or had not notice of the
- sale makes a difference in this respect; that a carrier is not
- to be held for a larger loss than he had in contemplation when
- the freight rate was fixed and the degree of care demanded of
- him was settled. If he had no knowledge of the sale, actual or
- constructive, he is bound for damages based upon the market
- price, as in the other case. The fact that other goods at a
- different price were sent to replace the lost shipment does not
- enter into the matter.
-
-=Opinion No. 46.=
-
-
-
-
- RISK IN SENDING CHECK TO DRAWER’S BANK FOR CERTIFICATION.
-
-
-Question—We received a check from one of our customers and sent it to
-the customer’s bank for certification. The bank failed before the end of
-the next day and our check was not paid. Can we not return it to the
-maker and demand the face of it from him?
-
- Reply: If the drawer of the check in this case had sufficient
- money on deposit to meet it our correspondents have no other
- recourse except against the assets of the insolvent bank; the
- depositor is discharged. The usual rule is that when a check is
- delivered that is drawn upon a bank in the same place in which
- the payee resides the drawer guarantees the solvency of the bank
- during the remainder of the day on which the check was delivered
- and the whole of the next day. The holder has this much time in
- which to present the check and draw the money; if the bank fails
- meanwhile the loss is upon the drawer of the check and the
- holder takes the risk of failure after the second day. But this
- rule does not apply when the holder of the check takes it to the
- bank and has it certified before the end of the next day after
- he receives it. Certification binds the bank and releases the
- drawer. So far as the drawer and holder are concerned, the
- effect is precisely the same as if the holder had drawn the
- money and had then deposited it to his own credit in the same
- bank.
-
-=Opinion No. 45.=
-
-
-
-
- A CONTRACT MAY BE CANCELLED WHEN ONE PARTY IS GUILTY OF BREACH.
-
-
-Question—Lumber has been sold for delivery in installments running
-through a considerable period. Payments are to be made in installments
-also. The buyer has been very lax in this regard, however; he has not
-made a single payment strictly on time, and in some cases has delayed
-until the seller has been compelled to threaten suit. Is the seller
-bound to go on making deliveries to the end of the time named in the
-contract, getting his money whenever and however the tardy buyer sees
-fit to pay it?
-
- Reply: If a seller agrees to deliver the goods at certain times,
- and the buyer agrees to pay for them in installments at given
- dates, each promise is a consideration for the other. If either
- the buyer or the seller fails to do his full duty under the
- contract he is in no position to demand that the other shall do
- what he has agreed to do. In other words, as soon as either is
- guilty of any breach of the contract the other may declare the
- whole agreement at an end; he may refuse to do anything further
- under the contract himself, and may demand damages of the person
- who was guilty of the breach. If a buyer fails to meet any
- payment promptly when it is due, the seller, if he chooses to do
- so, may immediately rescind the contract and bring suit for the
- unpaid installments and for damages. If he had not this
- privilege he might be compelled to go on for months delivering
- his goods to one who had already shown his unwillingness or
- inability to make good his promise of payment.
-
-=Opinion No. 47.=
-
-
-
-
-LUMBER ON A CONSIGNEE’S SIDE-TRACK IS IN CUSTODY AND AT THE RISK OF THE
- CONSIGNEE.
-
-
-Question—When does the railway’s liability end and the consignee’s begin
-on lumber delivered in cars on the consignee’s side-tracks; i. e., if a
-carload was burned in forty-eight hours after being placed for the
-consignee, would the loss fall on the transportation company or the
-consignee?
-
- Reply: When a carload of merchandise is delivered upon the
- consignee’s own side-track and the consignee has notice, express
- or implied, of that fact, then all liability of the railroad
- company for the safety of the merchandise ceases at once. The
- goods are still in the company’s cars, but that is not
- sufficient to make the company liable, for the cars themselves
- are in the custody of the consignee and upon his premises. The
- goods have been delivered to the consignee, and that is the last
- of the duties the carrier undertook to perform. A railroad
- company cannot be expected, and in some cases would not be
- allowed, to place its watchmen in private freight yards and to
- extend over and through those yards its system of protection
- against fire. When cars containing goods have been delivered
- upon the consignee’s premises the goods themselves have been
- delivered there. The carrier is no longer liable, either as
- carrier or as warehouseman and the courts have so decided.
-
-=Opinion No. 48.=
-
-
-
-
- WHERE A SELLER REFUSES TO MAKE DELIVERIES, BUYER CAN PROTECT HIMSELF.
-
-
-Question—A places a contract with B for future delivery of lumber
-beginning in October; B, for certain reasons, does not care to deliver
-this contract. A has the opportunity to buy the identical goods for the
-same delivery from competitors at the same price, after being notified
-by B that he does not care to deliver this contract. Does the fact that
-A has the opportunity to cover himself on the same conditions release B
-of damages arising from non-delivery of the contract, or can A wait
-until the time of delivery before buying goods in the open market
-against the contract of B which the latter refuses to deliver?
-
- Reply: If B is under contract to deliver goods to A in October,
- and if, before October, he notifies A that he does not intend to
- fulfill his contract obligation, A may accept that statement as
- final and protect himself at once. He may make other
- arrangements for an October delivery and compel B to pay the
- loss, if any, or he may sue at once for breach of contract. The
- buyer is not bound to pursue this course, however. He may act
- upon the supposition that, upon further consideration of the
- matter, the seller will conclude to do his duty after all; and
- so the buyer, A in this case, may wait till the time arrives for
- the October delivery, and may then buy goods to replace those
- that the seller ought to have delivered, holding the seller
- liable for the loss, if any, or he may then sue for breach of
- the contract. If this costs the seller more than the other plan
- might have cost him, the fault is his own. He will not be heard
- to complain because the buyer has taken it for granted that he
- really would perform his contract obligation when the time
- arrived, in spite of his previous statement that he did not
- intend to do so.
-
-=Opinion No. 49.=
-
-
-
-
-ALL CONDITIONS OF A CONTRACT MUST ACTUALLY BE EMBODIED IN THE CONTRACT.
-
-
-Question.—The following is a general form that is frequently printed
-across the top of the letter heads of manufacturers: “All agreements are
-contingent upon fires, strikes, delays of carriers, accident and other
-contingencies beyond our control.” What effect does this have on a
-contract when such letter heads are used when quoting prices and when
-accepting the order?
-
- Reply: Any provision that is intending to form part of a
- contract ought to be introduced into it in express terms or else
- referred to so that there can be no mistake regarding it. In the
- particular case under consideration the clause should be
- incorporated in the contract or acceptance, or the contract
- should state that the sale is made subject to the terms and
- conditions printed across the top of the paper. Either one of
- these would be a simple, easy procedure and would remove all
- doubt. A contract usually begins with the name of the place and
- a date, or with the names of the parties; and it ends with one
- or more signatures. Both parties are bound by all that lies
- within these limits and by everything beyond that is referred to
- as forming part of the agreement; but neither party is, as a
- rule, expected to look anywhere else—even around the margins of
- the same paper—to ascertain his rights and liabilities. It may
- be possible, in some cases, to make a provision printed on the
- margin of the paper containing the contract part of the contract
- itself, but there is always more or less doubt upon this point,
- and no doubt should be left where it is so easy to make the
- meaning plain. If the marginal printing is to be useful at all
- it will be mainly in connection with a statement that the
- contract was made subject to a certain usage of the business, or
- a certain custom of that particular house, and that this custom
- was well known to the buyer; as proof of this fact the words
- across the top of the paper would be useful.
-
-=Opinion No. 50.=
-
-
-
-
- A CARRIER IS LIABLE FOR ANY LOSS CAUSED BY HIS DELAY IN DELIVERING
- GOODS.
-
-
-Question.—Inform us what recourse we would have against a railroad for a
-shipment of lumber from Buffalo to New York, which has already been on
-the road eighteen days, as shown by the shipping documents, and has not
-arrived yet. In the meantime the market dropped some 10 per cent. in
-price. This lumber was bought f. o. b. Buffalo.
-
- Reply: A carrier is bound, not only to deliver the lumber
- entrusted to him for carriage, but to deliver it with reasonable
- promptness. The courts recognize the fact that promptness of
- delivery has an importance second only to the fact of delivery
- itself. What is to be held as constituting reasonably prompt
- delivery is to be decided in accordance with nature of the goods
- and all the circumstances of the particular case; it is such
- delivery as carriers of the kind in question, carriers by rail
- or vessel, as the case may be, ordinarily make in handling goods
- of the same kind as those in question. When the time arrives for
- delivery to be made, under this rule, and the goods are not
- delivered the consignee is entitled to sue for their value at
- destination on the day on which delivery ought to have been
- made. If the carrier is able to deliver the goods, and offers to
- do so, at any time before he has been required to pay for them
- as goods lost, the consignee cannot refuse to accept them and
- still recover their full value. He is bound to accept the goods
- whenever they are tendered, no matter how great the delay may
- have been; but in such a case he still has a valid claim for any
- loss he may have sustained as a result of the delay. His damages
- are at least as great as that amount by which the market value
- of the goods on the day of delivery is below their market value
- on the day on which delivery ought to have been made; to this is
- to be added any other loss or expense brought upon him as a
- direct result of the carrier’s delay.
-
-=Opinion No. 13.=
-
-
-
-
- THERE IS NO REMEDY AFTER ACCEPTING LUMBER.
-
-
-Question.—I purchased some lumber from a party in New York State at a
-given figure f. o. b. shipping point, and had it forwarded by the
-railroad company according to my instructions. Upon arrival my customer
-reported to me a shortage of several hundred feet, of which I in turn
-notified the party from whom I bought. He stated that he hardly thought
-such a shortage was possible and asked me to retally the lumber. I
-communicated with my customer, who told me that the shortage reported
-was correct, and that he had used up the lumber as he was in need of the
-lumber, although I requested him to hold it intact. My customer in
-settling with me deducted for the full amount of the shortage, whereas
-the party who sold to me refuses to accept settlement on this basis,
-offering me an affidavit from his shipper that the quantity alleged to
-have been shipped by him was correct. Am I compelled according to the
-New York court rulings to remunerate the party who sold to me as per his
-invoice? He claims that the lumber ceased to belong to him when he
-placed it at the railway company’s depot subject to my instructions. For
-this reason he demands full payment. I am in a position to furnish an
-affidavit from the party to whom I sold the lumber to the effect that
-the shortage actually occurred at destination, although the lumber was
-received in good condition.
-
- Reply: This lumber was sold f. o. b. shipping point and it is
- true, as the seller says, that title passed to the buyer at that
- point. This fact, however, does not excuse the seller for
- delivering short count or tally, if he made such delivery. He
- undertook to deliver a certain quantity of goods at the shipping
- point, and his contract obligation was not fulfilled unless he
- delivered that quantity. It does not appear, however, that the
- contract was such as to allow the buyer to accept less than the
- quantity sold at a pro rata price. As the contract is described
- to us, it was a sale of a definite quantity for a stipulated
- price, with no other provision. That being the case, the buyer,
- when tender was made to him had no choice other than to accept
- the tender as satisfactory, or else to reject it and claim
- damages for breach of contract. He did accept the goods and he
- used them. It is too late now for him to say that the tender was
- in any respect unsatisfactory. The buyer might have rejected the
- goods on account of short tally, and then he could either have
- claimed damages for breach of contract, as we have suggested, or
- he could have communicated with the seller, offering to take the
- shipment at less than the contract price—could have made a new
- contract, in short. He did neither. He accepted the goods. He
- will not be heard now to say that they were, in any respect, not
- such goods as the contract called for. Our correspondent can be
- compelled to pay for these goods the full contract price, and
- the person to whom he sold them can be compelled to do the same.
-
-=Opinion No. 31.=
-
-
-
-
- PROPOSED FREIGHT RATE ADVANCE.
-
-
-In view of the agitation regarding the proposed advance in freight rates
-it is suggested that our members protect themselves as fully as possible
-in making quotations. It is believed advisable to use a clause either
-printed or stamped on the letter-head or quotation stating substantially
-the following:
-
- “All quotations made and orders accepted are based on present
- freight rates.”
-
-Where this clause is used it should be printed or stamped in such a way
-that it becomes a part of the quotation or correspondence. Stamping the
-clause on the margin of a letter-head is considered inadvisable.
-
-=Opinion No. 110.=
-
-
-
-
- ACCEPTANCE OF AN AMOUNT OFFERED AS “PAYMENT IN FULL” MAY OR MAY NOT
- CANCEL THE DEBT.
-
-
-Question—A customer sends me a check for a certain amount and inserts
-the following on the face of his check: “In full to June 1.” Does my
-indorsement give my receipt in full to this date or not? Can I indorse
-his check and write him a letter advising him that I am using the check
-only to apply on the account?
-
- Reply: Suppose A owes B a certain sum of money and there is no
- doubt or dispute as to the amount actually due. Then if A pays
- to B less than the amount, in cash or by check, saying at the
- time, “this I tender as payment in full,” B may keep the money
- or cash the check without losing the right he previously had to
- demand what was still due and unpaid. No man, without the
- consent of his creditor, can discharge the whole of his debt by
- paying part of it, if the amount is liquidated and certain.
- Suppose, however, that there has been no agreement as to the
- amount due or that there is an honest and well-founded dispute
- concerning the matter. Then when the debtor sends any reasonable
- amount, with a statement that it is tendered and is to be
- accepted, if at all, as payment in full, that is his estimate of
- the sum due. The creditor cannot accept the tender without
- accepting the estimate; if he does accept the tender the amount
- due is thereby agreed upon and fully paid. If the creditor is
- not willing to accept the tender as payment in full he must
- return it. Then an agreement may be reached as to the amount
- actually due, or if the two cannot agree the matter may be left
- to the courts. The debtor has this privilege, in a case of this
- kind, because it would be unfair to him to allow the creditor to
- keep what the debtor honestly believed to be the whole sum due,
- and still allow him to sue for more, when, if he had brought his
- suit in the first place it is possible he might not have been
- able to recover even as much as the debtor has already paid him.
-
-=Opinion No. 51.=
-
-
-
-
- PROTEST IS NOT NECESSARY TO HOLD PARTIES PRIMARILY LIABLE.
-
-
-Question—Is it necessary, or is it in any way helpful to have a note or
-an accepted draft protested, regard being had only to the maker of the
-note or the acceptor of the draft?
-
- Reply: The object of a protest is to inform a person who is
- secondarily liable upon a bill or note that the person primarily
- liable has been properly called upon and has refused to pay the
- amount. There could be no object in conveying formal information
- of this kind to the parties primarily liable, because they know
- what the facts are, they know, that is, that demand has been
- duly made of them and that they have failed to comply with it.
- Accordingly it is held that protest and notice are not necessary
- to charge the maker of a promissory note or the acceptor of a
- bill of exchange. We believe this to be the sound rule in all
- cases.
-
-=Opinion No. 52.=
-
-
-
-
- F. O. B. SHIPMENTS.
-
-
-Question.—Please advise us, what the position of a shipper is who takes
-an order for a full carload of material at a price including freight to
-destination, but where the shipper takes out a bill of lading in the
-name of the buyer. The shipper claims he simply guarantees freight to
-destination, and having the bill of lading issued in the name of the
-buyer places the risk of loss or damage in transit on the buyer.
-
- Reply: A buyer of goods takes title to them wherever they may be
- at the time of the sale unless the contract provides otherwise
- or unless the seller by some act of his own reserves the title
- to himself during transportation. A mere agreement on the part
- of the seller to pay the freight is not sufficient to rebut the
- presumption that title was to pass on delivery to the carrier.
- When goods are sold f. o. b. destination the seller undertakes
- to carry them to their destination and there deliver them. They
- are his goods, and the risk is his, until he has tendered
- delivery at that place; this is true because the buyer cannot be
- compelled to accept a tender made at any other place; but a mere
- agreement that, for a given price, the seller will furnish the
- goods and pay freight upon to a given place, does not make him
- liable for their delivery in that place. If he was bound to
- deliver them at destination the contract would say nothing about
- freight; an obligation on the seller’s part to deliver the goods
- at destination is, in itself, an obligation to pay freight upon
- them or to carry them himself, and it is not for the buyer to
- choose which he shall do. If the agreement to pay freight did
- place the risk on the seller during transportation he could not
- escape that obligation by his own act in taking out a bill of
- lading in a particular form. If he was at liberty, under the
- contract, to deliver the goods at the shipping point, however,
- he could increase his obligation by his own act, and taking the
- bill of lading to his own order would, if not otherwise
- explained be sufficient for this purpose. In this case the bill
- of lading was taken in the name of the buyer, and that is
- consistent with the seller’s claim that a valid delivery could
- be and was made at the shipping point and the carrier was an
- agent of the buyer.
-
-=Opinion No. 53.=
-
-
-
-
- PAYMENT OF FREIGHT NOT ALWAYS TRANSFER OF TITLE.
-
-
-Question.—Please advise us if in selling lumber freight paid to
-destination we are liable for damage in transit. As we understand it,
-when we sell lumber delivered at destination we are liable, but when we
-sell it freight paid the buyer is liable.
-
- Reply: The person who owns goods while they are in transit must
- bear the expense of damage or loss if they are not insured. If
- the goods have been sold the title during transit may be either
- in the seller or the buyer. It is sometimes perfectly clear that
- title is in one or the other, while in some cases it is a very
- difficult question. Payment of freight is one item to be taken
- into consideration, but it is generally not alone absolutely
- conclusive of the question one way or the other. Our
- correspondent is correct in saying: “When we sell goods
- delivered at destination we are liable.” It is equally correct
- to say: “When we sell them, otherwise than for delivery at
- destination the buyer is liable.” It is not always true,
- however, that the buyer is liable when the seller pays the
- freight. Goods that had not been ordered, for example, or goods
- slightly different from those ordered might be sent in the
- expectation that the buyer would accept them. In such a case the
- seller would probably prepay the freight but title would remain
- in him, and the risk would be his, until the buyer had received
- the goods and accepted them. If the contract requires the seller
- to pay freight that is good evidence, if there is nothing on the
- other side to offset it, that title and risk are to be in the
- buyer during transit; this is so because if the seller was bound
- to deliver the goods at the buyer’s end of the route he would be
- bound to pay the freight, as a part of this obligation, and
- would not separately agree to pay the freight. If the contract
- is silent on that subject the mere fact that the seller pays the
- freight is not sufficient to show that he reserves title. All
- the facts of the case are to be taken into consideration, the
- presumption being that title passes when the goods are
- delivered, properly directed, to the carrier. If the buyer
- claims that title did not pass to him at that instant the burden
- of proof is on him, and the mere fact that the seller paid the
- freight is not alone sufficient to overcome the presumption.
-
-=Opinion No. 54.=
-
-
-
-
- FILING CERTIFICATES IN MARYLAND.
-
-
-Some of our members have recently received communications from the
-Secretary of State of Maryland calling their attention to a law which
-went into effect in Maryland June 1st, 1908, regarding filing
-certificates permitting foreign corporations to transact business. The
-Secretary of State’s letter reads in part as follows:
-
- “The name of your company appears on the records of this office as a
- Foreign Corporation doing business in Maryland. As the recently enacted
- Act of the Legislature repeals the law under which you are authorized
- to transact business in this State, it will be necessary for you to
- comply with the provisions of the new law, a copy of which I enclose
- herewith, together with a blank form, convenient for use in connection
- therewith.”
-
-Our attorney at Baltimore writes as follows regarding the necessity of
-complying with the provisions of the law above referred to:
-
- “It is not necessary for a foreign corporation who maintains no office
- or agency, or has no assets in this State, to file a certified copy of
- its charter, the required certificate under the act and the franchise
- tax. A foreign corporation under the facts above stated may send any
- number of salesmen for the purpose of making sales in this jurisdiction
- without having to comply with the foreign corporation law.”
-
-=Opinion No. 55.=
-
-
-
-
- RAILROADS CAN INSIST ON ACCEPTANCE OF DELAYED SHIPMENTS.
-
-
-Question.—I shipped a carload of lumber to a customer consigned to
-myself and it was apparently lost in transit. The delay caused my
-customer to cancel this order with me, whereupon I notified the railroad
-that I would not accept delivery and would hold it responsible for not
-only the value of the car, but any damages resulting to me. The car has
-just turned up and the railroad insists that I must take it and put in
-claim for loss. Am I compelled to accept the car?
-
- Reply: If the road offers to deliver the lumber now the
- consignee should accept it. A carrier is not a dealer, and goods
- tendered by it cannot be refused, however late the tender may
- be, or however seriously the goods may be damaged, provided they
- are recognizable as the goods actually shipped and have any
- value at all. The consignee cannot leave them in the hands of
- the carrier and demand full value for them. He must accept them
- and do the best he can with them. His acceptance of them does
- not relieve the carrier of its liability, and the consignee is
- entitled to recover all loss caused by delay, or by damage to
- the goods, as soon as the loss has been ascertained. If the
- market price has declined since the day on which delivery should
- have been made that difference in value is to be included in the
- damages; usually that is the principal part of the loss, and
- frequently it is the whole of it.
-
-=Opinion No. 56.=
-
-
-
-
- QUESTION OF DISCOUNT.
-
-
-Question.—I take an order from my customer, the terms of payment being
-stated 2 per cent. 10 days. The buyer makes settlement in 20 days and
-claims that he is entitled to the discount by paying interest for the
-extra time which he has taken over and above the ten days. On the other
-hand, I claim that the bill not having been paid within the discount
-period becomes net, and that face amount of the bill therefore becomes
-due on the eleventh day Which is right?
-
- Reply: If a contract of sale gives the buyer no right to a
- discount he has no such right. If the contract does give him a
- right to a discount, upon certain terms, he must comply
- absolutely with those terms in order to entitle himself to the
- discount. The situation is just this: A seller who is entitled
- to demand the full face of his bill, says to the buyer, “I will
- deduct part of the amount if you will do a certain thing at a
- certain time in a certain way.” The buyer cannot fail to do the
- thing so specified at the time and in the manner named, and
- still claim a discount as if he had done it. The buyer is
- entitled to no discount at all in the case here put.
-
-=Opinion No. 57.=
-
-
-
-
-LUMBER MAY BE RETURNED TO THE CONSIGNOR IF THE CONSIGNEE WILL NOT ACCEPT
- IT.
-
-
-Question.—We ordered a carload of lumber from a shipper in the South and
-advanced $200 on account before the shipment arrived at its destination.
-This shipper received from the railroad company a bill of lading in his
-name marked “non-negotiable,” which he indorses to us and mails to us
-and notifies the railroad by letter that the shipment is for us. On
-arrival we find that the lumber is not in accordance with our order and
-we refuse to accept it, whereupon the railroad stores it for account of
-the owner. We notified the railroad that we would release the car to the
-shipper upon the latter paying to us the $200 advanced. The railroad has
-since delivered the car back to the shipper on the latter’s instructions
-by their giving the railroad the usual bond, which the railroad insisted
-upon having, and we still retain the original bill of lading indorsed to
-our order. We put in a claim against the railroad company for the $200
-advanced, taking the position that they had no right to deliver the car
-to the shipper without the bill of lading or an order from us. The
-railroad refuses to pay our claim, saying that the bill of lading was a
-non-negotiable one, and inasmuch as the shipper took it out in his own
-name he had a right to regain possession of the car, and that we waived
-our rights, although retaining the bill of lading, by refusing to accept
-the lumber on arrival. We did not pay the freight. What course can we
-pursue to recover the $200 advanced?
-
- Reply: If a consignee refuses to accept goods shipped under a
- non-negotiable bill of lading they may be returned to the
- consignor. The carrier is not bound to act as agent or
- intermediary for the settlement of any differences between the
- two. Here our correspondents have simply extended a credit of
- $200 to the shipper. If he does not voluntarily meet the
- obligation the amount may be recovered by suit.
-
-=Opinion No. 58.=
-
-
-
-
- RAILROADS MUST PAY VALUE AT DESTINATION FOR DAMAGES ON LOST LUMBER.
-
-
-Question.—Should the railroad in settling claims for shortage of lumber
-pay for it at our cost price or at the current market price?
-
- Reply: Unless the contract between the shipper and carrier
- provides for some other measure of damages, the principal amount
- to be paid by the carrier when the lumber is lost or destroyed
- is the market value at destination. If the freight has not been
- paid in advance it is to be deducted from market value. There is
- to be added, on the other hand, interest at the legal rate from
- the day on which delivery should have been made to the day of
- settlement; and there is to be added also any incidental expense
- to which the consignee may have been put as a direct result of
- the carrier’s failure to do his duty. This is the only way in
- which the consignee can be placed in as favorable a position as
- he would have occupied if the carrier had done his duty, the
- only way in which the whole of the loss can be placed upon the
- carrier, who has caused it; and this is what the law aims to do
- in every case.
-
-=Opinion No. 59.=
-
-
-
-
- SUIT CAN BE INSTITUTED IN NEW JERSEY ON JUDGMENT OBTAINED IN ANOTHER
- STATE.
-
-
-Question.—Some time ago I secured a judgment in Pennsylvania against a
-party who now lives in New Jersey, and has some property there. Can I
-make collection in New Jersey?
-
- Reply: A judgment of a Pennsylvania court can be enforced by a
- levy on property in New Jersey, without regard to the place of
- residence of either the plaintiff or defendant. If this judgment
- was secured in Pennsylvania it is without force in New Jersey.
- In that case, however, another suit can be started in New
- Jersey, and the proceedings will be brief and inexpensive; he
- will have to prove merely that suit was previously brought in
- Pennsylvania, in a court of competent jurisdiction, and judgment
- rendered in his favor. Judgment in New Jersey will follow
- immediately and as a matter of course; under that judgment he
- can levy on property in New Jersey.
-
-=Opinion No. 60.=
-
-
-
-
- NOT ALWAYS NECESSARY FOR CARRIER TO NOTIFY CONSIGNOR THAT SHIPMENT IS
- REJECTED BY CONSIGNEE.
-
-
-Question.—Have we a claim on the transportation company for the invoice
-value of the shipment under the following conditions: We made a shipment
-of a car of lumber, and when it arrived at destination the railroad
-offered it to consignee and he refused it. Some time later the railroad
-sold the lumber for what it would bring, which, it appears, was only
-about 50 per cent. of our invoice. Is the transportation company under
-obligation, in a case of this kind, to notify the shipper that the
-lumber is at destination refused and thereby give the shipper an
-opportunity to dispose of the lumber without loss?
-
- Reply: If a carrier has no notice to the contrary, he is
- entitled to assume that the consignee is owner of the lumber and
- that any delivery or disposition of it of which the consignee
- cannot complain will be satisfactory to all persons. If the
- goods are sent C. O. D. or if the carrier is instructed not to
- deliver them to the consignee until they are paid for, or if he
- receives any instructions from which he may infer that the
- consignor retains title to the goods, in any such case, it
- becomes the carrier’s duty to inform the consignor of the
- consignee’s refusal to accept the goods. The same result follows
- if the carrier is expressly directed to give such notice and if
- he accepts the goods under these directions. In any other case
- the carrier is not bound to assume that the goods have been sold
- and that the consignor is retaining title to them to secure
- payment of the purchase price, or that the consignor has any
- interest in them at all. He may assume that the consignee has
- already paid for them, or that they were the property of the
- consignee before shipment. The consignor has put it in the power
- of the consignee to take the goods and do as he pleases with
- them, and the carrier is bound merely to act in such manner that
- the consignee may have no valid ground of complaint. In the
- absence of special instructions to the carrier, or of knowledge
- on his part that the goods belong to the consignor, the rule is
- simply this: That the carrier is not to be expected to deal with
- two different persons with reference to a single shipment or the
- disposition to be made of it; that he may safely assume such an
- understanding between consignor and consignee that they will
- keep each other informed, if necessary, and that anything that
- satisfies the consignee will satisfy the consignor. There is
- nothing in the question asked to show that it was the carrier’s
- duty to notify the consignor in this case.
-
-=Opinion No. 61.=
-
-
-
-
- LUMBER IS ACCEPTED UNLESS REJECTED PROMPTLY.
-
-
-Question.—A retailer goes away leaving his son in charge of the
-business. The son asks us to ship a car of lumber and we sell it to him,
-acting for his father, invoicing the car and mailing the bill of lading.
-The car arrives, the son surrenders the bill of lading to the railroad
-and orders the car placed on his father’s siding for unloading. For some
-reason the son decides not to unload the car before the arrival of the
-father, which will be in about a week. When the father arrives he claims
-the lumber is not up to grade and refuses to accept same, unless we make
-an allowance. Does not the acceptance of the bill of lading and its
-surrender to the railroad constitute a delivery of the lumber and
-entitle us to our money without question whether we are right or wrong
-about the quality of the lumber? It is possible, of course, that a very
-small proportion of this lumber may be a little off, but the difference
-is very slight, and would show only the difference that any two
-inspectors would make in going over the car of lumber.
-
- Reply: A buyer of goods is bound to inspect them with reasonable
- promptness, after he has an opportunity to do so, and then
- accept or reject them at once. Reasonable promptness is greater
- promptness than was shown in this case, unless there were some
- unusual facts in connection with it of which we are not
- informed. A buyer is seldom justified in delaying his inspection
- beyond the next day after arrival of the goods. If he does not
- reject the goods with reasonable promptness, whether he sees fit
- to inspect them or not, then he is held to an implied
- acceptance. They are placed in his hands. He may do as he likes
- about examining them, but he must reject them promptly, if he is
- to reject them at all. If he does not reject them promptly any
- remedy he may have had is gone unless the goods were sold to him
- under a warranty of quality.
-
-=Opinion No. 62.=
-
-
-
-
- NEW YORK INCORPORATION LAW.
-
-
-In view of a recent decision regarding the corporation law of New York
-State and its probable effect upon foreign corporations doing business
-in this State, we have asked our attorney in New York for information,
-and the following is submitted:
-
- “At the end of January last there was handed down a decision in the
- Court of Appeals, which was later printed in 190 N. Y., settling the
- disputes which had arisen as to the necessity for obtaining
- certificates of license to do business in this State as a condition
- precedent to suing here.
-
- “It holds that in compliance with the General Corporation Law it must
- be alleged and proved by a foreign corporation in order to establish a
- cause of action in the courts of this State. The cases holding
- otherwise, should be regarded as overruled and the conflict of
- authority ended.
-
- “And it is further held that an objection to a complaint on this ground
- is not waived by the failure to raise it in the defendant’s pleadings,
- but can be raised at any time.
-
- “A little later the court also held that this rule applied just as much
- as to the assignee of a foreign corporation’s claim, except as to
- negotiable paper taken in good faith from the corporation before
- maturity.
-
- “It follows that any foreign corporation desiring to do business in New
- York, whether on a large or small scale, must comply with the statute
- and take out a license and pay the franchise at the end of the first
- year, and I suggest that this should be brought to the attention of
- your foreign lumber corporations.”
-
- (If further information is wanted by any members whose business is
- incorporated under a State law other than New York, we shall be pleased
- to hear from them.)
-
-=Opinion No. 63.=
-
-
-
-
- NEW JERSEY INCORPORATION LAW.
-
-
-Question.—Under New Jersey laws a New York corporation doing business in
-New Jersey must register in Trenton. We did a large amount of business
-before we were aware of this, but ultimately registered. In suing one of
-our customers we were nonsuited because we were not registered at the
-time the goods were sold, but this was in an inferior court. Does the
-fact that we were not registered in Trenton at the time the goods were
-sold completely shut us off from recovering in the State of New Jersey?
-
- Reply: We believe that our correspondents will not be allowed to
- maintain this suit; they are prevented from maintaining it as
- much by the laws of their own State of New York as by those of
- New Jersey. The law of the case stands thus: The New Jersey
- statute requires all foreign corporations to file certain
- documents with the Secretary of State and to take out a
- certificate authorizing them to do business in New Jersey. It is
- further provided that “until such corporation so transacting
- business in this State shall have obtained said certificate of
- the Secretary of State, it shall not maintain any action in this
- State, upon any contract made by it in this State.” If this were
- all our correspondents could take out a certificate any time and
- then sue; this section only forbids them to sue before taking
- out a certificate. It is further provided, however, that when
- another State imposes any greater penalties on New Jersey
- corporations than the laws of New Jersey impose upon
- corporations of that State, the same penalties shall be imposed
- on corporations of such other State doing business in New
- Jersey. Now, it is provided by the General Corporation law of
- this State (Sec. 16) that foreign corporations must take out
- certificates as in New Jersey, and that “no foreign stock
- corporation doing business in this State shall maintain any
- action in this State upon any contract made by it in this State
- unless prior to the making of such contract it shall have
- procured such certificates”; that is the reason a New York
- corporation doing business in New Jersey is not allowed to sue
- in the courts of that State on a contract made therein unless it
- had taken out its certificate before the contract was made.
-
-=Opinion No. 64.=
-
-
-
-
- A LARGE CONTRACT SHOULD BE IN WRITING.
-
-
-Question.—In the summer one of our salesmen sold a car of lumber for
-September delivery, the salesman handing the buyer copy of the order at
-the time of purchase. On previous purchases made by this same customer
-he has been in the habit of sending in a confirmation of the order on
-which appear the words “No order valid unless signed by one of the
-members of the firm.” No such confirmation was received by us for the
-last order placed, the same having been overlooked by us, and we shipped
-the goods to them upon the agreed delivery date. And they write us now
-that as no confirmation was given they cannot accept the goods and hold
-them subject to our order. They write further that their former buyer
-brought up the memorandum order for these goods, but that they declined
-to confirm; but of this latter act we had no knowledge. Please inform us
-where we stand in this matter.
-
- Reply: In nearly every State there is a statute declaring that
- the purchaser of goods to the value of $50 or more shall not be
- legally liable unless he signs a written contract or part of the
- price is paid or part of the goods are accepted. The wording of
- the statute in New York State is as follows: “Every agreement,
- promise or undertaking is void, unless some note or memorandum
- thereof be in writing, and subscribed by the party to be charged
- therewith, or by his lawful agent, if such agreement, promise or
- undertaking—is a contract for the sale of any goods, chattels or
- things in action for the price of $50 or more, and the buyer
- does not accept and receive part of such goods, or the
- evidences, or some of them, of such things in action, nor at the
- time pay any part of the purchase money.”
-
-=Opinion No. 65.=
-
-
-
-
- USING CHECKS MARKED “IN FULL SETTLEMENT.”
-
-
-In connection with several claims recently handled by our Collection
-Department in Pennsylvania and the question of using checks marked “in
-full settlement” or “in settlement of all demands to date,” we have the
-following communication from a prominent attorney in Pennsylvania:
-
- “I desire to state that it is elementary law that if pending the
- adjustment of a disputed claim, the debtor sends the money to his
- creditor in full payment of the demand, the latter cannot receive and
- retain it as a credit upon a larger sum claimed by him, without
- discharging the debtor as to the whole.
-
- “123 Pa., p. 576. 147 Pa., p. 607. 70 Pa., p. 315.
-
- “These cases have been decided by the Supreme Court of Pennsylvania,
- the court of the last resort. Therefore it does not lie in the province
- of your members to cancel the words ‘in full settlement’ without
- destroying their right in respect to prevailing for the balance.
-
- “I might further state that in the absence of any dispute in respect to
- any claim, the payment of a smaller amount will not operate to
- discharge the whole, because there is no accord and satisfaction; the
- absence of any dispute in respect to the amount being the material
- circumstances in this regard.”
-
-=Opinion No. 66.=
-
-
-
-
- A CUSTOMER BUYING ON CREDIT MUST KEEP HIS CREDIT GOOD.
-
-
-Question.—If a bill of lumber is sold on credit and before delivery to
-the customer the seller considers he has good reason to question the
-purchaser’s ability to settle when the bill is due, can the seller
-withhold the delivery and demand either better terms or cash without
-making him liable for the non-fulfillment of the contract?
-
- Reply: A man who has bought goods on credit is bound, as the
- courts phrase it, “to keep his credit good.” If he does not do
- that the seller need not ship the goods; if he has shipped them
- and then finds that the buyer has not kept his credit good, he
- may stop the goods and take them back into his own possession at
- any time before they have actually been delivered to the buyer
- or his agent. In making his decision the seller must, of course,
- take his own risks. He has entered into a contract and he must
- fulfill it or pay the resulting damages unless he has a legal
- excuse for refusing to go on with it. It is not sufficient that,
- as the question says, “the seller considers he has good reason
- to question the purchaser’s ability to settle”; nor that the
- seller has good grounds for believing that the buyer’s credit is
- impaired. It is not a question of any man’s belief, but a
- question of fact. The goods must be shipped unless the buyer is
- actually insolvent. This does not mean that he must have made an
- assignment or gone into bankruptcy or made any other public
- acknowledgment of the fact that he is insolvent. It means he has
- become unable to pay his debts as they fall due. The seller must
- be able to show that at least one debt has fallen due against
- the buyer and that he has not paid it promptly. Of course, it
- must be a debt the validity of which the buyer himself does not
- dispute upon any tenable ground. If he has paid his debts as
- they fell due he has “kept his credit good,” no matter what any
- one may suspect as to the future; if he has failed to pay any
- just debt promptly he has not kept his credit good. If the
- seller has no right to refuse delivery of the goods altogether
- he has no right to demand better terms than his contract gives
- him.
-
-=Opinion No. 67.=
-
-
-
-
- DISCOUNT MUST BE IN ACCORDANCE WITH THE CONTRACT.
-
-
-Question.—We sold to a concern and the terms of sale were “2 per cent.
-discount for cash in ten days or sixty days net.” The buyer in his
-settlements has taken fifteen to twenty days’ time and has deducted 2
-per cent. discount and has added 6 per cent. per annum for the extra
-days beyond ten. We claim that this settlement is entirely wrong, and if
-he wishes the discount in full he must send a check within ten days
-after the date of the bill.
-
- Reply: No debtor is to be excused from paying the full amount of
- his debt except in strict accordance with some provision to that
- effect in his contract. Here is a debtor who would have been
- bound to pay the full amount immediately if there had been no
- special provision to the contrary. Any such provision as there
- may be is a kind of grace to him and it is not to be extended
- beyond the strict terms in which it is expressed. He may take 2
- per cent. off if he pays at any time within ten days. When the
- ten days are passed the contract stands precisely as if it had
- said nothing at all about discount for payment within ten days.
- This debtor had no right to deduct the 2 per cent. He is trying
- to take an advantage which his contract does not give him. If he
- were asked to point out a clause in the contract giving him a
- right to take off the discount later than the tenth day, of
- course, he could not do it.
-
-=Opinion No. 69.=
-
-
-
-
- A BILL OF LADING TO ORDER RETAINS TITLE TO THE GOODS.
-
-
-Question.—If a shipper sells a carload of lumber f. o. b. shipping point
-with draft attached to bill of lading and bills the car to his own
-order, notify the purchaser, and if the car should be wrecked in transit
-or should never reach its proper destination, would the buyer who bought
-the car f. o. b. be compelled to pay the draft and take up the bill of
-lading and seek recourse against the carriers? Should the shipper bill a
-car to the order of a bank, notify the f. o. b. purchaser and sell the
-draft and bill of lading to the bank outright, would the purchaser be
-compelled to pay for same?
-
- Reply: When a sale is made f. o. b. shipping point the seller
- can make a valid delivery at that point. If he delivers the
- goods to a carrier there, takes a bill of lading making them
- deliverable to the buyer and forwards it to the latter, his full
- duty is done and the goods are at that moment, in legal effect,
- delivered to the buyer; they are actually delivered to the
- buyer’s agent, the carrier, and that is equivalent to a delivery
- to the buyer himself. This is the kind of delivery the seller is
- at liberty to make, under the contract, but he may not do so. He
- might, conceivably, carry the goods in his own arms to the
- buyer, or he may deliver them to one who is unquestionably his
- own agent. In either of these cases delivery to the buyer does
- not occur until the goods reach their destination. If A ships
- goods to the place in which B resides and takes the bill of
- lading to his own order the goods are not in any sense delivered
- to B or to his agent. They are A’s goods. He can stop them where
- he will and take them back into his own possession. When they
- reach their destination he can take charge of them or have them
- delivered to anyone he may choose to name. Those goods could be
- seized by a creditor of the seller and they could not be seized
- by a creditor of the buyer. If they are lost in transit it is
- the seller’s loss. A seller must either deliver the goods or
- retain them. He cannot do both. He cannot deliver them so as to
- make the buyer liable in case of loss and still retain them so
- that they will be his, to do with as he will if there is no
- loss. The same result follows if the bill of lading is sold to a
- bank. A bill of lading represents goods in transit and transfer
- of the bill transfers the goods. The direction to the carrier to
- “notify” one person or another is of no importance. Goods may be
- consigned to B and the carrier, for one reason or another or for
- no reason at all, may be directed to “notify” X or Y or Z of the
- fact that they have arrived. Notification is not to be
- substituted for delivery.
-
-=Opinion No. 70.=
-
-
-
-
- ONE WHO BUYS ON CREDIT MUST KEEP HIS CREDIT GOOD.
-
-
-Question.—A, in New York, has with B, a manufacturer, three separate
-contracts made in December, February and March, respectively, each
-contract specifying the grade and price of material, date of delivery
-and terms of payment. The deliveries called for in the December contract
-have been completed by A; the date for the first delivery of the
-February contract is due this month; but B is overdue 30 days on his
-payment on the first delivery of the December contract and payment on
-the delivery of balance of the December contract is now due. Because B
-has failed to comply on his part with the conditions of the first
-contract, must A deliver the material according to the terms of the
-second and third contracts, thereby unduly increasing the amount of
-credit extended to B beyond his general credit limit? From information
-obtained which would lead A to question the credit of B, such as his
-taking a contract at a loss (this occurring since the contracts were
-made) can A demand payment before delivery of the goods, although the
-contract specifies 30 days from certain dates? Can A cancel the two
-uncompleted contracts for any of the above reasons, viz.,
-non-fulfillment of the condition of the first contract by B or doubt as
-to B’s credit? If cancelled by A would B have any legal redress such as
-buying the quantity and grade of material stipulated by the contracts in
-the open market and compelling A to pay the difference in price should
-the present market price be higher than the prices stipulated in the
-contracts?
-
- Reply: When a man buys goods on credit it is always an implied
- condition of the contract that he shall “keep his credit good,”
- as the courts phrase it, till the time of delivery arrives. If
- he becomes insolvent before that time he cannot demand that the
- seller shall ship the goods. If the seller does ship them, and
- then learns of the insolvency, he may stop the goods before they
- reach the buyer and take them back into his own possession. A
- buyer on credit has no right to demand that the goods shall be
- delivered to him at a time when he is insolvent and when there
- is reason to believe, accordingly, that the goods may have to be
- sold to pay his other debts. That is the situation in the case
- our correspondent puts, and the seller is certainly not bound to
- deliver the merchandise. By insolvency, in a case of this kind,
- is not meant an actual assignment for creditors; neither does it
- mean that the buyer has gone into bankruptcy or made any other
- public acknowledgment of the fact that he is insolvent. It means
- that he has become unable to pay his debts as they fall due. The
- seller must be able to show that at least one debt has fallen
- due against the buyer and that he has not paid it promptly. Of
- course, it must be a debt the validity of which the buyer
- himself does not dispute upon any tenable or reasonable ground.
- The buyer in this case has failed to pay such a debt. The seller
- has ample proof of the fact because the debt was owing to him.
- The buyer has not “kept his credit good,” and he has no right to
- demand that goods sold to him on credit shall be delivered. If
- they are not delivered he will have no legal ground of complaint
- or cause of action against the seller. It is not the seller who
- is guilty of a breach of contract, but the buyer; he is guilty
- of a breach of the implied condition which enters into all such
- contracts—the condition that the buyer shall “keep his credit
- good.”
-
-=Opinion No. 71.=
-
-
-
-
- A SELLER IS BOUND BY HIS OWN MISTAKE UNLESS IT IS OBVIOUS.
-
-
-Question.—We sent an inquiry for certain sizes of lumber to a mill
-asking for quotations. Our inquiry was delayed in the mails, and, as it
-did not reach the mill in time enough to quote we placed the order with
-the mill, but did not specify prices. The mill acknowledged our order,
-saying, “We have entered your order as per enclosed carbon,” and after
-each item they named a price. The lumber was shipped and an invoice sent
-us, but on two of the items a larger amount is charged than specified in
-the communication from the mill, saying our order had been entered. In
-remitting we deducted the difference between the prices mentioned in
-reply from the mill and the invoice, but the mill claims they made a
-clerical error and that we are bound to pay the invoice price. What is
-our position in the matter?
-
- Reply: When a seller puts a price on his goods and the buyer
- accepts them at that price it is then too late for the seller to
- demand more except in the following case: If the buyer knew that
- a mistake had been made, or if the mistake was so gross and
- palpable that he ought to have known it to be a mistake, then it
- may be corrected. If a seller were to quote $1.25 when all
- buyers knew that $12.50 was about the market price, the buyer
- would not be allowed to claim the goods at the quotation without
- making special inquiry as to its accuracy; if the quotation was
- only slightly under the market, so that no suspicion attached to
- it, and if there was nothing else to show that a mistake had
- been made, and if the buyer had no actual knowledge of the fact,
- the seller is bound. Taking the whole class of sellers together,
- it would not be a safe rule to allow them to come around and
- collect more after a sale had been made and concluded upon the
- plea that they had not asked as much as they intended to ask.
-
-=Opinion No. 72.=
-
-
-
-
- A CARRIER SHOULD PAY VALUE AT DESTINATION FOR LUMBER LOST.
-
-
-Question.—On what basis must a railroad company settle a claim by a
-consignee on lumber damaged or lost? Must the consignee supply the
-original invoices, or is he entitled to the selling price in his market?
-
- Reply: If the contract does not provide otherwise, a carrier who
- fails to deliver goods must, as a rule, pay to the consignee the
- value of the goods at the time and place at which delivery
- should have been made. The carrier is to retain his freight
- charges out of this amount, of course, if freight has not been
- paid in advance. This is the only rule by which the whole of the
- loss can be placed upon the carrier, where it belongs. If he had
- done his duty and delivered the goods the consignee could have
- sold them at the prices there and then prevailing. If the
- carrier pays the consignee less than this amount the consignee
- himself must bear part of the burden of the carrier’s
- negligence. Of course, if the contract provides that settlement
- shall be upon some other basis, original cost, for example, the
- contract will be enforced. The only other exception to the rule
- is that which arises when the goods have already been sold for
- an amount which is not so great as the market price at the place
- and time at which delivery ought to have been made. If delivery
- had been duly made, in such a case the owner of the goods could
- not have taken advantage of ruling market prices; he had already
- bound himself to deliver the goods at a price which proves to be
- less than the market on the day fixed for delivery, and this
- selling price is all that he can claim. The object in every
- case, except where there has been a special contract of
- carriage, is to place the owner of the goods as nearly as
- possible in the same position he would have occupied if the
- carrier had done his duty and to put upon the carrier, where it
- belongs, the whole burden of his negligence and breach of
- contract.
-
-=Opinion No. 73.=
-
-
-
-
- LIABILITY OF SHIPPER WHERE PART OF SHIPMENT IS ADMITTED BELOW GRADE.
-
-
-Question.—I received from a customer an order for a carload of lumber of
-a certain grade. A fair sized car would be 14,000 feet. The car arrives
-and 2,000 feet of the lumber is admitted by me to be of a grade lower
-than the order called for. Can I compel my customer to accept the
-balance of 12,000 feet, which is up to the requirements of the order? He
-claims that inasmuch as the car I have offered is not all up to grade, I
-cannot compel him to accept even so large a proportion as 12,000 feet,
-notwithstanding the fact that 12,000 feet will still be a pretty fair
-sized car of lumber.
-
- Reply: According to this statement the shipper undertook to
- carry out an order and deliver a carload of lumber. According to
- the admission 2,000 feet of the carload were contrary to the
- terms of the contract. Under the circumstances a carload of
- lumber has not been delivered and we doubt very much if you can
- find a way to compel acceptance of a carload of lumber that is
- admitted on the face of it as not being strictly according to
- the terms of the contract.
-
-=Opinion No. 76.=
-
-
-
-
- NECESSITY OF FOREIGN CORPORATIONS FILING CERTIFICATES.
-
-
-The Association has made some inquiry regarding the necessity of
-so-called foreign corporations filing certificates in States other than
-those under whose laws the corporation was organized. If any corporate
-members are interested and desire information along these lines we shall
-be pleased to render such assistance as we can.
-
-In some States the requirements are strict, and recently some Western
-States, particularly Oklahoma, have enacted legislation of much
-importance to foreign corporations shipping into those States.
-
-=Opinion No. 77.=
-
-
-
-
- COURSE TO PURSUE WHEN LUMBER IS REFUSED ON ARRIVAL.
-
-
-Question.—We took an order from a customer for a carload of lumber to be
-shipped not later than September 15th. The car was shipped within the
-specified time but did not reach destination as promptly as it should,
-and our customer claims that he has been damaged to such an extent that
-he refuses to take in the car, saying it arrived too late for his use.
-The lumber is exactly in accordance with the order and is a special
-worked car. We will be put to some expense in disposing of this
-elsewhere and will probably have to sell it at a lower price. What
-method should we pursue?
-
- Reply: There are three courses:
-
- First: The shipper may store the lumber for the buyer and sue
- him for the invoice price.
-
- Second: He may retain the property as his own and recover the
- difference between the market price at the time and place of
- delivery and the contract price.
-
- Third: He may sell the lumber, acting as the agent for the
- purchaser and recover the difference between the contract and
- the price of resale.
-
- This last course is usually considered best because it gives the
- seller the use of the money realized on the resale. Of course in
- reselling the lumber care must be taken to obtain the best
- possible price, and in the event of the resale the seller is
- entitled to recovery from the purchaser of all the costs which
- he was obliged to lay out in bringing to pass a sale of the
- property in question.
-
-=Opinion No. 78.=
-
-
-
-
- A CARRIER MUST STOP GOODS IN TRANSIT IF PROPERLY ORDERED TO DO SO.
-
-
-Question.—A makes a shipment to a customer in another State and several
-days after he receives information that leads him to believe it prudent
-to hold up the shipment and have the goods reconsigned to himself. He
-immediately takes the matter up with the initial carriers with the
-request that they take immediate steps to stop the shipment in transit
-and have same reconsigned to himself, all charges to follow. In the
-event that the initial carrier fails to take prompt action and it
-develops that the goods are delivered after the initial carrier has been
-notified not to deliver them, thereby causing A the loss of the value of
-the shipment, cannot A hold the initial carrier responsible for the
-value of the shipment?
-
- Reply: When goods are sold on credit and the buyer becomes
- insolvent or gives proof of insolvency, before the goods are
- delivered to him, it is the right of the seller to take them
- back into his own possession and refuse delivery altogether;
- this is because one who buys on credit is bound by an implied
- contract that he will keep his credit good and be able to pay
- for the goods when the due date arrives. When the carrier is
- called upon to return the goods to the seller he must act at his
- own peril. If he does return them and the buyer was not
- insolvent, the carrier must answer to the buyer for his damages.
- On the other hand, if the carrier fails to return the goods and
- the seller can show that the buyer was insolvent the carrier
- must respond to the seller for the value of the goods or for
- such part of it as the seller finally loses. The seller, in the
- case under consideration, must first establish the fact that he
- had a right, within these rules, to stop the goods. Then if he
- can show also that this might have been done except for
- negligence or delay on the part of the initial carrier, he can
- hold that carrier liable for his loss.
-
-=Opinion No. 79.=
-
-
-
-
- ACCORD AND SATISFACTION.
-
-
-Frequently inquiries are sent us inquiring as to the advisability of
-accepting checks marked “In full settlement of account to date,” etc.
-The situation is not the same in all States but usually the questions
-are covered in the doctrine of accord and satisfaction explained as
-follows:
-
- If an account between two parties be actively and openly in dispute and
- the debtor sends to his creditor a remittance for a specific sum and
- states that such sum is offered in full settlement, and if such sum be
- accepted by the creditor he is bound thereby and cannot thereafter
- recover anything on the account from his debtor. The mere sending of a
- remittance, however, for an amount less than the amount due, where
- there is no dispute between the parties, does not affect the right of
- the creditor to bring suit for the balance due even though it is stated
- in the letter accompanying the remittance that said remittance is in
- full settlement.
-
- The question as to whether a dispute is open or active can usually be
- easily determined. If the seller and buyer have been in correspondence
- regarding a dispute, that determines its activity, and if after such
- correspondence a remittance is made marked “In full settlement,” etc.,
- the acceptance is binding.
-
-=Opinion No. 80.=
-
-
-
-
- ACCEPTANCE IN NEW JERSEY MAY BE AFFECTED BY STATUTE.
-
-
-Our attention has been called to a law passed by the New Jersey
-Legislature in 1907, from which the following is quoted:
-
- “Where the seller delivers to the buyer the goods he contracted to sell
- mixed with goods of a different description not included in the
- contract, the buyer may accept the goods which are in accordance with
- the contract and reject the rest, or he may reject the whole.”
-
- We are receiving inquiries as to the responsibility of a customer where
- he had used part of a shipment of lumber of one description, the
- customer claiming the statute above quoted permitted him to use such of
- the shipment as was up to grade and reject the balance. Commenting on
- the law above referred to where a shipment contains lumber under one
- description it would seem to be the law that if the consignor delivers
- to the consignee the goods contracted for of the same description
- included in the contract, the debtor, with his right of inspection must
- either reject or accept, and if the consignee does any act by which it
- could be inferred that he is exercising the right of ownership of any
- part of the merchandise so shipped and delivered, we believe he is
- liable for the entire amount of lumber shipped and received. He cannot
- take out what he wants of the order and reject the balance.
-
- The New Jersey law covers mixed shipments, for instance, in a shipment
- of barn boards, siding and moulding, the buyer would have the right to
- accept either of these items without prejudicing his claim, or waiving
- his privilege of rejection on the other two, but where a straight car
- of barn boards is ordered the buyer is not privileged to use a portion
- of them and reject the balance as not being up to contract.
-
-=Opinion No. 81.=
-
-
-
-
- CONDITIONAL CLAUSES REGARDING TERMS ON LETTERHEADS, INVOICES, ETC.
-
-
-It seems again necessary to call the attention of our members to the
-custom of printing a clause on the top of letter-heads used for
-quotation to the effect that agreements or contracts are contingent upon
-strikes, accident, other causes, etc. It frequently happens that this
-clause is so printed on the letter-head or quotation form as not to make
-it a part of the contract, and the following attorney’s opinion is
-pertinent:
-
- When a man has a proposal to make to another in writing he begins,
- usually and naturally, with the name of the place from which he writes
- and the date. Then he makes his proposal and closes by signing his
- name. The paper upon which he writes may have printed at the top or
- somewhere in the margin the name and address of the firm; the telephone
- number and the number of the firm’s post office box; the cable address;
- a list of five or six cable codes used by the concern; names of the
- various articles in which it deals; facsimiles of some of its
- trade-marks; pictures of certain gold medals that have been awarded to
- its goods at fairs of one sort or another. Frequently there is much
- other matter. There may also be something to the effect that agreements
- are contingent upon strikes. Of course, the person to whom the
- proposition is addressed is not concerned with any of these things.
- What he has to read and consider is the matter found between the
- address and the signature, and nothing more. That is the reasonable
- interpretation of the matter, and, is, very naturally, the view that
- the courts have taken of it. In 153 Ill., 102, to quote only one case,
- the Supreme Court of Illinois decided that “the words ‘all sales
- subject to strikes and accidents,’ printed as part of the letter-head
- of a reply, do not form any part of the contract.” No court could very
- well reach any other conclusion, so far as we can ascertain, and no
- court has done so.
-
- In the same manner a postscript on a letter or quotation blank is not
- an actual part of the contract unless it is signed.
-
- Other members have also attempted to enforce terms printed on their
- invoices where such terms were not referred to in the original order or
- contract of sale. The following opinion will be helpful in such
- matters:
-
- The question of the invoice may be settled with little difficulty.
- Nothing upon the invoice is binding upon the buyer, whether it is
- written or printed and whether it stands in the body of the document or
- in the margin. A contract is made by two persons, and it is binding
- only in so far as both have agreed to be bound by it. An invoice is
- made, after all the terms of the contract have been irrevocably fixed,
- and it is made by only one person. The seller would have things very
- much his own way if he could go off alone, after a contract had been
- made, and alter or amend or limit or explain it by his own act. He has
- no such power, of course, and he cannot put anything upon his invoice
- in writing or in print, that will bind the buyer.
-
-=Opinion No. 82.=
-
-
-
-
- INTERPRETATION OF “REASONABLE TIME,” “DUE NOTICE,” ETC.
-
-
-Frequently our members ask what constitutes shipment within a reasonable
-time, or what is the meaning of “due notice,” etc.
-
- The courts are always careful not to give any general definition of
- such words as “due,” “reasonable” and the like. What is due or
- reasonable notice in one case might not be so in another; and each case
- is made to stand on its own facts. “Due notice,” in one case or in any
- other, is such notice as, all of the circumstances and conditions being
- duly considered, would permit the person receiving the notice to do
- that which was required of him. Evidence is to be presented, on the one
- side, and on the other, to show whether due notice, within this
- definition, was or was not given. Due notice is sufficient notice, and
- that which is sufficient in one case may be too much or too little in
- another.
-
-=Opinion No. 83.=
-
-
-
-
- IF SHIPMENTS ARE NOT TENDERED IN TIME THE BUYER NEED NOT TAKE THEM.
-
-
-Question.—In December, 1909, we placed an order for nine cars of lumber
-to be delivered in March, 1910. Part of the shipment was made in
-February and March, leaving about a third unshipped on the first of
-April. We wrote the sellers to cancel the order. They object to this
-cancellation, saying that the delay was caused by a breakdown of their
-mill which was unavoidable and say for this reason the order is in
-force, as they are ready to make delivery of the balance of the goods
-to-day, April 7th, one week after the contract date expired. Have we a
-legal right to cancel under these conditions?
-
- Reply: The man who runs a mill is entitled to all the profit he
- can make from it; but if there is an interruption of the running
- it is he who must stand the loss. He cannot ask a customer to
- wait for goods, at his own expense and inconvenience, until it
- may be found practicable and advisable to start up the works
- again. The buyers may refuse to accept the belated delivery, in
- the case our correspondent puts, and may demand damages for the
- sellers’ breach of contract. If a breakdown of the mill is to
- excuse the seller the contract of the sale must contain an
- explicit stipulation to that effect.
-
-=Opinion No. 84.=
-
-
-
-
- WHEN A BUYER ACCEPTS A SHIPMENT, A WRITTEN CONTRACT IS NOT NECESSARY.
-
-
-Question.—A customer called at our yards and arranged to buy six cars of
-lumber, asking that one car be shipped at once. He took this car, but
-refuses to order the balance out as per agreement. He offers to pay for
-what he has already had, but he says we cannot hold him for any more
-because the contract was not in writing. Is he right?
-
- Reply: This buyer can be held for the value of the six cars. A
- written contract or memorandum is not necessary where part of
- the goods have been delivered and accepted. There are three ways
- in which a sale of goods for $50 or more may be made valid and
- binding: (1) By a written contract or memorandum; (2) by
- delivery and acceptance of part of the goods; (3) by payment of
- part of the purchase price. Thus a buyer sometimes pays a small
- part of the price at the time of the agreement, “to bind the
- bargain,” as he says, and it has that effect.
-
-=Opinion No. 86.=
-
-
-
-
- IT IS TOO LATE TO CLAIM DAMAGE FOR DELAY IN SHIPMENT WHEN LUMBER IS
- ACCEPTED.
-
-
-Question.—We took an order from a customer for ten cars of lumber to be
-shipped one car every two weeks. The first three cars were shipped on
-time, but there was a lapse of four weeks before the fourth car got out
-and weather at the mill delayed our getting the balance out as per
-agreement, although we finally got off all the cars. When the delayed
-shipments began to arrive our customer complained of the delay, and said
-he would charge us back with any cost he had to allow his customer. We
-objected, but our customer said we agreed to time deliveries, and would
-hold us to same. He took in all the shipments, but now wants to charge
-us with a loss he claimed he allowed his customer.
-
- Reply: If the lumber was offered to the buyer at a time later
- than any date agreed upon at time of sale, the buyer could have
- refused to accept it, and would have had a claim against the
- seller for damages occasioned by the delay. On the other hand,
- the buyer might accept the goods, notwithstanding the delay, if
- he chose to do so. He had no option except one of these two,
- accept the goods and pay for them, or reject them as not having
- been sent in time to constitute a fulfillment of his order. He
- could not accept the goods at any other than the contract price.
- This is the situation in which the case would have stood if
- there had been no correspondence between the ordering of the
- goods and their shipment. It is barely possible that the
- correspondence may contain some modification of the original
- contract, introduced into it by mutual consent, which would give
- the buyer the right he now claims. If the original contract was
- allowed to stand as made then the buyer has mistaken his remedy
- if he had any remedy at all. The goods were offered in
- fulfillment of the contract. He could accept them as such, or
- reject them. Having rejected them, it is possible that he would
- have had a claim against the seller for failure to deliver the
- goods in time. This much, however, is perfectly well settled.
- The buyer had no right to the goods at all except in fulfillment
- of his contract. If he accepts them, the contract is fulfilled
- and he cannot turn about and demand damages because it is not
- so. If he thinks the delivery is not a good one, because of
- delay, let him refuse it and then say that the contract has not
- been carried out. It has been or it has not been, and his
- acceptance of the goods shows that it has been.
-
-=Opinion No. 87.=
-
-
-
-
- NOTICE TO AN AGENT IS NOTICE TO THE PRINCIPAL
-
-
-Question.—A, a shipper in the South, ships to B, in New York, a carload
-of lumber at a price based on delivery f. o. b. New York City. The
-material is offered to B on a lighter at the agreed upon point of
-destination, and B, on inspecting it, comes to the conclusion that it is
-not what he ordered, and refuses to accept it, simply telling the
-railroad that the material is not what he ordered, and refuses to
-unload. B does not notify the shipper, A, and the latter knows nothing
-of B’s rejection or refusal to accept until about a month later, when he
-receives a notice from the railroad that B has rejected the material. A
-claims that B should have notified him immediately by mail or telegram
-that the material was not what he ordered, but B claims that he was not
-compelled to do so and that the fact that the railroad did not notify A
-until a month after was no concern of his. Is he right?
-
- Reply: There is no rule of law known to us which would have
- required the buyer to notify the seller of his determination not
- to accept the goods in this case. If the buyer had taken the
- goods from the carrier he would have been bound to notify the
- seller of this subsequent rejection. If delivery had been made
- at the shipping point instead of f. o. b. destination, so that
- the carrier should have been agent of the buyer and not of the
- seller, the buyer’s duty to give notice would have been the
- same. As the case actually stands it is this: The seller himself
- or his agent, which amounts to the same thing, tenders the goods
- to the buyer and the buyer rejects them without having taken
- them into his custody. The seller or his agent immediately knows
- that they are rejected. How could notice add anything to that
- knowledge? If it is the seller’s agent who knows, and if the
- seller himself does not know, that is because the seller has not
- given proper instructions to his agent or because the agent has
- failed to follow them if they were given. In neither case is the
- buyer to blame. He has notified the seller’s agent that the
- goods are refused; that is all he can be required to do. If the
- refusal is not justified the seller has his remedy, of course.
- If it was justified the seller has sufficient notice of it. Our
- correspondent says the seller complains because the buyer did
- not notify him “immediately by mail or telegram that the
- material was not what he ordered.” That is absurd in any case.
- The seller knew as well as the buyer, and knew before the buyer
- did whether the goods sent were such as the buyer had ordered or
- not. Why should he be notified of a fact that he knew already.
-
-=Opinion No. 88.=
-
-
-
-
- ASSESSMENT OF FOREIGN CORPORATIONS.
-
-
-Inquiries are frequently made at this office as to the amount of tax
-which a foreign corporation must pay in States where a certificate is
-issued to such foreign corporations, authorizing them to do business
-under the State statutes. In computing the assessment or tax the State
-auditor gets his information from the reports which ought to be filed
-annually. The amount of tax assessed is predicated upon the amount of
-capital actually employed within the State, and if no capital is
-employed, no tax can be legally levied.
-
-=Opinion No. 89.=
-
-
-
-
- A PRIVATE CUSTOM MAY BE ESTABLISHED TO SUPERSEDE A GENERAL CUSTOM.
-
-
- It seems to be a generally accepted custom in the lumber trade that
- using a shipment of lumber, even though there be a dispute regarding
- the grade, constitutes an acceptance of the shipment as invoiced unless
- the shipper has authorized the purchaser to use a part or all of the
- lumber in dispute. Our Legal Department has received some claims for
- members on disputed shipments where, from an examination of the
- correspondence, it appeared the member had a valid claim for the full
- amount of the invoice. After negotiations with the buyers it developed
- that in past transactions allowances were made on several shipments
- where the grade was in dispute, after the lumber had been used. We have
- had occasion to go into such matters with our attorneys and the latter
- are of the opinion that where a sufficient number of adjustments have
- been made on such a basis, practically acquiescing in the buyers using
- a part of the lumber, would prejudice a claim on a subsequent shipment
- where the shipper attempted to take advantage of his right of recovery.
- Frequently disputed claims of this character are small and have to be
- tried before a local jury and our attorneys have stated that the custom
- of having made allowances in the past after lumber was used would have
- some bearing with a jury on a subsequent deal, and possibly be
- construed by the court as a private custom apart from the general trade
- custom.
-
-=Opinion No. 90.=
-
-
-
-
- AN ORDER MAY BE CANCELED ONLY WHEN BUYER BECOMES INSOLVENT.
-
-
-Question.—A buyer places an order with a mill for five cars of lumber,
-deliveries to be one car a month. At the time of the purchase the buyer
-is in good financial standing and signed copies of the contract are
-exchanged between the buyer and seller. After three deliveries have been
-made information reaches the seller that the financial standing of the
-buyer has changed for the worse; that is, he has committed no act of
-bankruptcy, but a commercial agency has reduced his capital and credit
-rating. The seller requests the buyer to anticipate the payment of some
-of the previous shipments before he will agree to make further
-shipments. The buyer refuses to comply with this request and asks for
-the delivery of the balance. The seller thereupon makes no further
-deliveries, but when the bills for the goods delivered become due,
-demands payment. The buyer refuses on the ground that the seller has not
-carried out his part of the contract. On these facts please tell us what
-the law in this case would be.
-
- Reply: One who has sold goods on credit is not justified in
- refusing delivery simply because the buyer’s financial standing
- changes for the worse between the time of sale and the time of
- delivery. In the case here put, for example, there is nothing to
- show that the buyer is not now amply able to pay for the goods,
- or that the contract would have been declined by the seller if
- the buyer’s rating at the time had been what it is now. The
- seller is entitled to refuse delivery only if the buyer, before
- delivery is made, commits any act of insolvency. He need not
- become a bankrupt or make an assignment for creditors. He is
- insolvent, within the meaning of this rule, if he fails to pay
- any just and admittedly proper debt promptly upon its due date.
- As long as he is paying his bills whenever they fall due the
- seller has no ground upon which to declare that he is not
- “keeping his credit good,” if the buyer in this case is not
- solvent, as the word is here defined, the seller need not
- continue the deliveries. If the buyer is solvent the seller is
- not justified in his position. In that case the buyer need not
- pay for the goods already delivered until the time named in the
- contract for payment arrives, and he has a valid claim for
- damages arising out of the seller’s failure to make the other
- deliveries in strict accordance with the contract.
-
-=Opinion No. 91.=
-
-
-
-
- A BUYER HAS A CLAIM WHEN HE ACCEPTS A DRAFT ON INFERIOR LUMBER.
-
-
-Question.—We bought a car of lumber through a broker. Terms were: Sight
-draft with bill of lading attached for three-fourths of the amount of
-the invoice, the balance to be paid on arrival and inspection. We
-accepted the draft on presentation and when the car arrived we
-instructed our truckmen to draw the lumber in. Upon examination we found
-that it was all more or less below grade. We wired shippers accordingly
-and asked for instructions. We also wrote them a letter to the above
-effect and told them that we could not use the lumber and that we would
-hold it for their instructions. Do we need to keep the shipment? Can we
-compel sellers to return us the amount of the draft and freight charges?
-
- Reply: The buyers are not bound to accept any lumber not in
- accordance with the order. They have a valid claim against the
- sellers for the amount already paid towards the purchase of the
- goods, for the amount expended for freight and for any other
- useless expense to which the buyers were put as a result of the
- sellers’ failure to do their contract duty. The buyers also have
- a claim for damages, if any, caused by the breach of contract on
- the part of the sellers. The latter were bound to supply lumber
- regularly sold and accepted by the trade under the terms
- covering the grade in question, and their failure so to do was
- an actionable breach of contract.
-
-=Opinion No. 92.=
-
-
-
-
- CONTRACT OF SALE.
-
-
-Delivery by Installments—Successive Recoveries by the Vendee Not
-Permissible.
-
-When a party contracts to deliver goods by installments, for
-example—Several carloads of lumber to be shipped at different intervals
-but fails to deliver one or more of such installments, the vendee may
-repudiate the contract and sue for damages. If he brings the action
-prior to the time for the delivery of the last installments, he can only
-recover for such installments as are past due and such recovery bars him
-from afterwards bringing an action and recovering thereon for the
-remaining installments or deliveries.
-
-=Opinion No. 93.=
-
-
-
-
- DUTY OF VENDOR TO MINIMIZE LOSS WHEN VENDEE REFUSES TO ACCEPT GOODS.
-
-
-It occasionally happens that a purchaser of a car of lumber refuses to
-accept same and leaves it at the mercy of the railroad company or common
-carrier. In this way demurrage piles up and other loss may arise and the
-shipper hesitating, for fear of compromising himself, refuses to do
-anything with the lumber on his part. This is generally a mistake
-because it is the duty of the shipper to make the loss, if any, as small
-as possible and it is always safe to first notify the vendee, who has
-refused to receive the goods that he, the shipper, will endeavor to
-dispose of them in the best possible manner and hold the vendee
-responsible for any loss or damage thereby. In this case he may have to
-have the goods sold elsewhere or returned to him, and it is always
-advisable to endeavor to have them inspected by two or three competent
-parties in order to establish the market value and to ascertain that the
-defects, if any, claimed by the vendee, do not exist.
-
-=Opinion No. 94.=
-
-
-
-
- ACCORD AND SATISFACTION.
-
-
-If a buyer of lumber, disputing the quantity or quality, sends a check
-for an amount less than the invoice to the seller, does the seller in
-accepting the same preclude himself from recovering the balance of the
-account? This situation occurs, we believe, often in lumber circles and
-very frequently the remittance is accompanied by a letter or some notice
-written on the check to the effect that it is sent as a settlement in
-full and some go so far as to add that if accepted by the creditor it
-must be at his peril so far as the remainder of the invoice or account
-is concerned. The law on this point is generally similar to that of the
-State of New York wherein it is well settled that the acceptance or use
-of such a remittance does not stop or prevent the creditor from
-recovering the balance of the debt from its debtor unless there has been
-an honest dispute as to the amount of indebtedness or the existence of
-any indebtedness at all. This is what is termed an unliquidated account
-or claim and in such a case, when one tenders an amount to be accepted
-in full or rejected and the other accepts the remittance, it is a
-complete accord and satisfaction. The rule is different when the amount
-or debt is certain and there is only a dispute between the parties
-concerning questions of shortage, quality, etc. This is what is termed a
-liquidated claim and the acceptance of a remittance to be a full
-settlement does not preclude the creditor from using the remittance,
-crediting the same to the account of the debtor and suing for the
-balance.
-
-=Opinion No. 95.=
-
-
-
-
- CANCELLING AN ORDER BEFORE SHIPMENT—EFFECT OF SAME.
-
-
-Many lumbermen take orders from their customers through traveling men or
-other representatives. Usually the orders are written down in a manifold
-book and often are signed by the buyer. The order is usually taken
-subject to confirmation by the house or home office. This acceptance or
-confirmation is customarily made by acknowledgement of the order in
-writing to the purchaser. The question in point is whether or not, if an
-agent has taken an order as above, can the purchaser cancel the order
-and his obligation to accept the lumber? In a case in this State a
-purchaser of merchandise placed the order with the traveling man and
-later wrote to the house cancelling the same, as he found he could buy
-similar goods for less money. The purchaser wrote before the seller had
-communicated any acceptance or intention to fill the order which had
-been given to the seller’s representative. Some correspondence ensued in
-which the seller refused to cancel the order and later shipped the goods
-to the purchaser, who refused to receive them. The action resulted in a
-judgment in favor of the seller, which was reversed on appeal, in which
-numerous authorities were cited by the Appellate Court holding
-substantially as follows—“An order or request in writing, addressed to a
-dealer or his agent to ship to the writer on or before a date named,
-goods of a kind specified, for which the writer agreed to pay a price
-named, does not constitute a contract until accepted or acted upon by
-the vendor and may be withdrawn at any time before acceptance.”
-
-It is obvious that the result would be different were the vendor to have
-signified his acceptance of the order prior to the cancelling or
-withdrawal of same by the purchaser, as we would then have a valid
-contract, which could not be cancelled without mutual agreement.
-
-In this connection it might be well to add that in business transacted
-by mail, the general rule is that the time of the mailing or depositing
-in the mail of a letter is the presumptive time of the communicating of
-the facts therein to the party to whom the letter is addressed, hence
-when an order is sent by mail, another letter withdrawing the order, if
-mailed prior to the mailing of the acceptance by the other party, is a
-complete cancellation of the order in the first letter. In other words,
-the law does not take into account the periods elapsing by reason of the
-means of communication but only the acts of the parties in so far as the
-time of such acts is considered to have taken place.
-
-=Opinion No. 96.=
-
-
-
-
- DISCHARGE IN BANKRUPTCY—WHAT WILL PREVENT.
-
-
-Under the amendment to the National Bankruptcy Law as amended in
-February, 1903, the rules relating to discharge of bankrupts, are
-somewhat changed. Many parties are interested ofttimes in preventing the
-discharge of a bankrupt for no other reason than that they are creditors
-who believe that the bankrupt has not been honest in his dealings and
-irrespective of motives of personal enmity feel that the welfare of the
-business community is served by preventing the bankrupt from being
-discharged and re-entering into business. Probably the act that will
-prevent a discharge that most often appeals to the creditor is that the
-bankrupt obtained goods on a false statement in writing. This, if shown,
-will prevent the discharge, the law reading in this respect, as follows:
-“Obtained property on credit from any person upon materially false
-statement in writing made to such person for the purpose of obtaining
-such property on credit.” It is obvious that the party who urges this
-objection must be the one who has been injured thereby.
-
-Other debts not dischargeable in bankruptcy are taxes levied by the
-United States, the State, county, district or municipality in which
-bankrupt resides, and others of no practical interest to merchants. In
-addition to the above are those debts which have not been duly scheduled
-by the bankrupt in the proceeding in time for proof and allowance, with
-the name of the creditor if known to the bankrupt, unless such creditor
-had notice or actual knowledge of the proceedings in bankruptcy; or were
-created by his fraud, embezzlement, misappropriation, or defalcation,
-while acting as an officer or in any fiduciary capacity.
-
-=Opinion No. 97.=
-
-
-
-
- SALES—OF AN INDEFINITE QUANTITY.
-
-
-A purchaser of a quantity of merchandise ordered by letter two hundred
-to three hundred tons of a certain article to be delivered within the
-following six months as wanted. The vendor duly acknowledged receipt of
-the order and accepted same, stating that they would deliver a certain
-quantity in the immediate future and balance as ordered within the
-following six months. Thereafter, the vendor delivered a certain portion
-of the merchandise for which it was paid with the exception of one
-installment, which the vendee refused to pay for alleging that the
-vendor had refused to deliver further installments. The purchaser sued
-the vendor for damages for breach of contract in failing to deliver the
-balance of the contract. The Court held that by the terms of the order
-the vendor could not insist on the purchaser taking more than the two
-hundred tons but the purchaser on his part could insist within the six
-months period upon the vendor delivering the remaining hundred tons, it
-appearing that two hundred tons had been already delivered. In fact, it
-was an option which the vendee could enforce but not the vendor.
-
-The above is a brief outline of an action decided in the Appellate Court
-in New York and applies as well to an executory sale of lumber, many
-similar orders being placed among lumbermen.
-
-=Opinion No. 98.=
-
-
-
-
-LIABILITY OF BANK FOR FAILURE TO GIVE NOTICE OF PROTEST TO ENDORSER UPON
- NOTE RECEIVED FOR COLLECTION.
-
-
-That it is the legal obligation of a bank, which receives a note for
-collection to use all diligence to give notice of its dishonor to all
-endorsers is set forth in a decision of the Appellate Division of the
-New York Supreme Court (Howard vs. Bank of Metropolis, 95 App. Div.
-342).
-
-One H., who was the owner of a promissory note made by one S., and
-indorsed by G., delivered the note to a bank for collection and left
-with it a card giving G.’s full name and address, stating that he wished
-the note carefully protested as he expected to hold the endorser, the
-maker not being responsible, and that he would not be in the city when
-the note fell due. The maker of the note having failed to pay it when
-due, the bank sent it to its Notary for protest, but failed to deliver
-to the Notary the card bearing the name and address of the endorser, and
-informed the Notary that the endorser’s address was unknown. The Notary
-made out two notices of protest, one directed to H. and the other to G.
-Both notices were placed in an envelope and sent to H., who did not
-receive them, being out of town.
-
-The Court held the bank responsible and in rendering its opinion
-referred to a prior New York case entitled First National Bank vs.
-Fourth National Bank (77 N. Y. 320) and quoted “it is the duty of an
-agent who receives negotiable paper for collection, in case such paper
-is not paid, so to act as to secure and preserve the liability thereon
-of all the parties prior to his principal, and if he fails in this duty
-and thereby causes loss to his principal, he becomes liable for such
-loss.”
-
-=Opinion No. 99.=
-
-
-
-
- ACCOUNTS STATED.
-
-
-The Settlement of Accounts and Striking of a Balance Between
-Parties—What It Consists Of.
-
-Upon merchandise accounts which embrace many items or cover transactions
-running through a long period it is often wise to strike a balance or to
-bring about an agreement between the creditor and debtor as to the exact
-amount owing thereon. The value of such arrangement becomes of great
-moment when at a later date attempt is made to enforce collection of the
-account. It obviates the necessity proving various material matters such
-as the delivery of the various items charged to the debtor; that they
-were accepted by the debtor; that they were of the kind called for by
-the contract of sale; that there was a full number or count; that the
-agreed prices were as charged. The fixing of a balance upon a running
-account is legally known as the _stating of an account_ and an account
-so fixed is an “account stated.”
-
-A running account becomes an “account stated” by agreement either
-express, or implied by acquiesence, between the parties, that a definite
-amount or sum is owing from one to the other. No particular form of
-words is essential and neither must it be in writing, although a written
-expression is of more ready proof and, therefore, preferable. An express
-admission, either verbally or by letter, of the correctness of an
-account constitutes an account stated.—(Vernon v. Simmons, 7 N. Y. Supp.
-649.)
-
-In the above case the debtor retained accounts received from his
-creditor without objection or replying and subsequently acknowledged
-orally the receipt of the letter containing them and promising to pay
-later on, and it was held that the creditor could sue upon an account
-stated. It is not necessary that the account should be signed by the
-parties to make it an account stated. It is enough that it has been
-examined and accepted by the party and this acceptance need not be
-expressed; it may be implied from circumstances such as keeping it
-without objection beyond a reasonable time. As to what is an
-unreasonable time depends on circumstances largely and it has been held
-that two months was sufficient, although generally a longer time would
-be more conclusive. This acquiesence, however, may be explained by the
-debtor, which would nullify the apparent acceptance, but without such
-satisfactory explanation the situation is prima facie against him. Where
-the indebtedness has been expressly denied, the retention of the account
-does not bind the debtor.—(Austin v. Wilson, 11 N. Y. Supp. 565.)
-
-In bringing an action on an account stated if the plaintiff is defeated
-through failure to prove the agreement as to the amount or the fact that
-an “account was stated;” he would not be debarred from bringing another
-action to recover for the various items comprising the account.
-
-=Opinion No. 101.=
-
-
-
-
- ACCEPTANCE OF GOODS—WHEN SUFFICIENT TO BIND PURCHASER.
-
-
- It is a daily occurrence in the lumber trade that a purchaser finds
-some objection to the quality or quantity of lumber shipped to him on
-order. Frequently in such case, without any communication with the
-shipper a purchaser feels warranted in using such portion of the lumber
-as suits him, relying on an assumed right to lay aside the balance for
-the account of the shipper, with the idea that he may reject it entirely
-or obtain some reduction in the price. The general rule laid down by the
-courts in cases of this sort is as follows: Where the vendee of goods,
-purchased without warranty, after full opportunity for an inspection,
-accepts them without objection when delivered, he cannot, in an action
-against him to recover the price defend upon the ground that they did
-not conform to the contract of sale.—(Smith vs. Coe, 170 N. Y. 162.)
-
-If the purchaser, upon the receipt of the goods, makes objection to the
-quality, but, without the express permission of the seller, uses a
-portion, it is held that by so doing he tacitly waives his objection and
-his acts amount to an acceptance of the entire lot.—(Coplay Iron Co. vs.
-Pope, 108 N. Y. Appeals, 232.)
-
-In the above case, which involved a transaction in pig iron, the
-purchaser complained of the shipment and upon being sued for the
-purchase price set up a claim for damages by reason of the alleged
-defective quality and it was held “where after discovery or opportunity
-to discover any defect in goods delivered under an executory contract of
-sale, the vendee neither returns or offers to return the property nor
-gives the vendor notice or opportunity to take it back, in the absence
-of a collateral warranty or agreement as to quality, he is conclusively
-presumed to have acquiesced and may not thereafter complain of the
-inferior quality.”
-
-When a car constitutes but a portion of the order, which was in the
-nature of one contract for a number of cars, the purchaser cannot object
-to the quality and retain the initial car and decline to receive the
-balance of the shipment. The contract of sale being an indivisible one
-in law, the purchaser by his acceptance of the initial shipment and
-failure to return it, is conclusively presumed to have acquiesced in the
-quality of the lumber offered him and waived any objection to the
-remainder of the shipment order provided it is the same as the first
-car.
-
-In the case of Weil vs. The Unique Electric Device Co., Reported in 39
-Misc. (New York 1902), page 527, a vendor sought to recover the
-stipulated purchase price of certain merchandise sold to the defendant,
-consisting of some 3,000 electric batteries, of which 1,000 were
-delivered and paid for, but the purchaser refused to accept the balance
-on the ground that the quality was not according to the agreement. The
-court held that the contract of sale was an entire one and it was the
-duty of the purchaser to receive balance of the order, provided they
-were of similar quality to the lot already delivered. That when the
-purchaser received the first lot and found them unsatisfactory, it was
-its duty to rescind the sale and return, or offer to return the goods;
-and its failure so to do was an acquiesence on its part of the quality
-of the goods in question.
-
-The above discussion leaves for further consideration the question when
-a purchaser though bound to take goods and chargeable with their full
-price, may hold the seller liable for damages for breach of express or
-implicit warranty.
-
-=Opinion No. 102.=
-
-
-
-
- CONTRACT OF SALE—STATING ESTIMATES OF MAXIMUM AND MINIMUM AMOUNT.
-
-
-It is the custom of many merchants, with a view doubtless of securing
-the best possible terms and yet to leave a loophole, whereby they can
-take only such an amount as they desire, to give the vendor a general
-idea of their requirements.
-
-In Heisel vs. Volkman, reported in Volume 55, New York Appellate
-Division, page 607, a dealer wrote to a manufacturer of certain kinds of
-merchandise asking for “prices for supplying our requirements,” stating
-“we estimate our yearly requirements at from five to ten million pieces.
-Are confident that they will not be less than the smaller amount and
-reasonably certain that they will come up to or exceed the larger one,”
-to which the manufacturer replied, “I would be willing to make a yearly
-contract with you from five to ten million pieces, etc.” The purchaser
-did not take the minimum amount of five million pieces during the period
-in question and the manufacturer sued to recover the purchase price of
-the difference, having, of course, done what was necessary in respect to
-making a tender of delivery. The court held that the purchaser was
-obligated to take and pay for at least five million pieces, even if his
-requirements for the year fell substantially short of that amount and
-that the seller in making his price had a right to rely upon the minimum
-amount stated by the buyer.
-
-Attention is called to this for the reason that the same rule would
-apply to a transaction in lumber and because many of the trade are in
-the habit of making contracts upon similar conditions and referring in
-elastic terms to their probable requirements.
-
-=Opinion No. 103.=
-
-
-
-
- CERTIFICATION OF CHECK—RELEASES THE MAKER.
-
-
-Attention is called to the fact that under the law of New York State the
-procuring of the certification of a check by the holder from the bank or
-banker upon which it is drawn is equivalent to the acceptance of a bill
-of exchange and releases the drawer.—(Meurer vs. Phœnix National Bank,
-94 App. Div. (N. Y.) 331.)
-
-=Opinion No. 104.=
-
-
-
-
- SALES—STOPPAGE IN TRANSIT.
-
-
-The right to stop a shipment in transit is based on the existence of a
-lien in favor of the seller, which continues until the goods have
-reached the actual physical possession of the buyer. So long as the
-goods are in the hands of a carrier the seller may, given the proper
-conditions, reclaim the goods. This is so even if the carrier is one
-designated or selected by the purchaser. A fraudulent sale of the goods
-by the purchaser to third parties will not defeat the right of stoppage,
-nor will seizure under attachment or execution issued against the
-purchaser provided the right is exercised before the transit is at an
-end.
-
-=Opinion No. 105.=
-
-
-
-
- FOREIGN CORPORATION LAWS.
-
-
-Necessity of Filing Certificates, Etc., in West Virginia, Indiana,
-Tennessee, Mississippi, Kentucky, Ohio, Michigan, New York.
-
-One of our members recently had an attorney examine the corporation laws
-of several States and give an opinion concerning the advisability of
-filing corporate certificates, securing so-called licenses, etc., in the
-various States wherever the member was making sales. The States referred
-to are West Virginia, Indiana, Tennessee, Mississippi, Kentucky, Ohio,
-Michigan and New York. This information may be helpful to other members,
-and a copy of the opinion follows:
-
- WEST VIRGINIA.—Every corporation whose principal place of business is
- located out of the State must pay an annual license tax as follows: If
- the authorized capital is not more than $25,000, $20; not more than
- $100,000, $50; not more than $1,000,000, $50; an additional forty cents
- on each $1,000 in excess of $100,000. No other taxes are assessed
- unless it has personal or real estate in West Virginia. Such foreign
- corporations may be authorized to hold property and do business in the
- State by certificate of the Secretary of the State that they have filed
- with him a copy of their articles of association, which certificate
- with a copy of the charter must be filed with and the certificate
- recorded by, the Clerk of the County Court of such county in which
- their business is conducted. A foreign corporation obtaining the above
- mentioned certificate authorizing to hold property and do business in
- West Virginia has the powers, rights and privileges and is subject to
- the same regulations, restrictions and liabilities that are conferred
- by statutes of West Virginia on domestic corporations.
-
- Every foreign corporation which shall do business in the State without
- having obtained such certificate and having it filed and recorded
- according to law shall be guilty of misdemeanor, and upon conviction
- shall be fined not less than $50, nor more than $1,000 for each month
- its failure so to comply shall continue.
-
- INDIANA.—Every foreign corporation, except railroad and telegraph
- companies, built before March 15, 1901, and insurance companies must
- maintain a public business office in Indiana and must designate a
- representative in Indiana on whom service of process may be had. Such
- foreign corporations are subject to the liabilities, restrictions and
- duties imposed upon domestic corporations. They must before being
- permitted to do business in Indiana file in the office of the Secretary
- of State certified copy of its articles of incorporation, and a
- statement sworn to by the principal or agent in Indiana of the
- proportion of the capital stock of such corporation represented by its
- property located and business transacted in Indiana, and must pay in
- the office of the Secretary of State upon such proportion incorporation
- fees equal to those required of domestic corporations. The Secretary of
- State shall then issue a certificate authorizing such corporation to do
- business. Until this law is complied with, demands of a foreign
- corporation, whether arising out of contract or tort, cannot be
- enforced in the courts of Indiana, and such corporation is subject to a
- fine of not less than $1,000. Fee for filing articles of incorporation
- of a corporation with capital stock of $10,000 or under is $10, over
- $10,000, one-tenth of one per cent. upon authorized capital. No annual
- State tax on corporation as such.
-
- TENNESSEE.—Foreign corporations must file in the office of the
- Secretary of State a copy of its charter and cause an abstract of same
- to be recorded in the office of the Register of each county in which
- such corporation purposes to carry on its business or to acquire and
- own property. Penalty for failure to do so shall subject the offender
- to a fine of not less than $100 nor more than $500. They must pay in
- the office of the Secretary of State a tax or license of $100 to
- exercise such privilege.
-
- MISSISSIPPI.—Foreign corporations may sue and be sued and are liable to
- be proceeded against by attachment or otherwise, as individual
- non-residents are liable. The acts of their agents shall have the same
- force as the acts of agents of private persons within the scope of
- their power. They cannot recover on any contract made in the State or
- cause action originating therein which is in violation of laws or
- policies of States. No general statutes about taxation of foreign
- corporations. Subject governed in main by common rule as to taxes, but
- they are required to file with the Secretary of State certified copy of
- their charter for record, for which a graduated fee is fixed.
-
- KENTUCKY.—If the corporation be organized under the laws of another
- State a board shall fix the value of the capital stock determined from
- the amount of the gross receipts of the corporation in Kentucky and
- elsewhere the proportion which the gross receipts in Kentucky bear to
- the entire gross receipts. The same proportion of the value of the
- entire capital stock, less the assessed value of tangible property in
- the State, shall be the correct value of the corporation franchise for
- taxation. Reports must be made and failure is a misdemeanor punishable
- by a fine of $1,000 and $50 for each day.
-
- OHIO.—Foreign corporations are forbidden to do business until they have
- procured from the Secretary of State certificate that they have
- complied with the requirements of law which authorize them to do
- business in the State, and until said companies shall have caused the
- proportion of their capital stock employed within the State to be
- determined by the Secretary of the State, and shall have paid to him a
- fee of one-tenth of one per cent. upon such amount and obtained his
- certificate of such payment. No foreign corporation doing business in
- the State can maintain any action upon any contract made by it in the
- State until it has procured such certificate. The corporation must file
- with the Secretary of State due copy of its charter and statement under
- seal of the amount of its stock, the nature of its business and state
- which is to be its principal place of business, designating a person
- upon whom process against such corporation may be served. The person so
- designated must have an office where the corporation is to have its
- principal place of business within the State. Corporations complying
- with these requirements are exempt from attachment on the ground that
- they are foreign corporations.
-
- MICHIGAN.—Foreign corporations filing in the office of the Secretary of
- State certified copy of articles of incorporation and an appointment of
- an agent in this State for service of processes may carry on their
- business in Michigan. Foreign corporations may bring suits on
- furnishing security for costs.
-
- NEW YORK.—No foreign corporation shall do business without first
- procuring from the Secretary of State certificate that it has complied
- with requirements of law. License fee shall be paid. No foreign
- corporation can do business in New York or sue on contract made there
- unless it has procured such certificate prior to the making of the
- contract. Selling goods through a factor within the State is not
- covered by this prohibitive clause. Before granting such certificate
- foreign corporation must file with Secretary of State copy of its
- charter and a statement setting forth its business, its principal place
- of business within the State and designating the person upon whom
- processes may be served. Such person must have an office within the
- State, where the principal place of business of such corporation is
- located. Foreign corporations must pay to State Treasurer a license fee
- of one-eighth of one per cent. for privilege of exercising its
- corporate franchise in New York, to be computed upon the amount of
- capital stock employed within the State during its first year of
- business.
-
-=Opinion No. 106.=
-
-
-
-
- CONTRACTS FOR CARLOADS SEPARABLE.
-
-
-Where a contract was made for three carloads of a company’s No. 1 white
-cedar shingles and the purchaser accepted and paid for two carloads, but
-refused to accept the third because of alleged inferior grade and
-quality, and because the shingles were not made by said company, the
-Supreme Court of Minnesota holds that the contract as to the three
-carloads was separable, so that the purchaser’s payment and the seller’s
-acceptance of payment for two carloads did not prevent the seller from
-beginning an action to recover the purchase price of the third carload
-nor the purchaser from defending therein. The court also holds that a
-buyer, seeking to reject an article as not in accordance with the
-contract of sale, must do nothing after he discovers the true condition
-inconsistent with the seller’s ownership of the property.—Duluth Log.
-Co. vs. John C. Hill Co., 124 N. W., 967.
-
-=Opinion No. 107.=
-
-
-
-
- WARRANTY SURVIVES ACCEPTANCE.
-
-
-Where one attempting to sell shingles stated in a letter that “They are
-mighty good shingles, they are as good as you could get anywhere,” it
-was a warranty of their quality. Where a buyer of shingles accepts
-shingles which he knows are of a grade inferior to what the seller
-warranted, the buyer does not waive the warranty, and he can defend
-against an action for the price on that ground. (Texas Court of Civil
-Appeals.) Harroll vs. McDuffie, 128 S. W. Rep., 1149.
-
-=Opinion No. 108.=
-
-
-
-
- ACCEPTANCE OF LESS THAN INVOICE PRICE.
-
-
-On arrival of a carload of shingles, the buyer complained of their
-quality, and for the purpose of securing an immediate settlement and
-avoiding further negotiations the seller agreed to accept a less amount
-for them than the full price if payment was made before a specified
-time. The buyer failed to make payment within such specified time and in
-a suit to recover for the full amount of the invoice it was held by the
-court that the seller could require payment under the circumstances of
-the full price. (Texas Court of Civil Appeals.) Harroll vs. McDuffie,
-128 S. W. Rep., 1149.
-
-=Opinion No. 109.=
-
-
-
-
- PRESS OF
- JOHN A. PHILLIPS
- NEW YORK
-
-------------------------------------------------------------------------
-
-
-
-
- TRANSCRIBER’S NOTES
-
-
- 1. Silently corrected typographical errors and variations in spelling.
- 2. Retained anachronistic, non-standard, and uncertain spellings as
- printed.
- 3. Enclosed italics font in _underscores_.
- 4. Enclosed bold font in =equals=.
-
-
-
-
-
-End of the Project Gutenberg EBook of Lumber Legal Opinions, by Anonymous
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-
-<pre>
-
-The Project Gutenberg EBook of Lumber Legal Opinions, by Anonymous
-
-This eBook is for the use of anyone anywhere in the United States and most
-other parts of the world at no cost and with almost no restrictions
-whatsoever. You may copy it, give it away or re-use it under the terms of
-the Project Gutenberg License included with this eBook or online at
-www.gutenberg.org. If you are not located in the United States, you'll have
-to check the laws of the country where you are located before using this ebook.
-
-Title: Lumber Legal Opinions
-
-Author: Anonymous
-
-Release Date: August 18, 2019 [EBook #60134]
-
-Language: English
-
-Character set encoding: UTF-8
-
-*** START OF THIS PROJECT GUTENBERG EBOOK LUMBER LEGAL OPINIONS ***
-
-
-
-
-Produced by Richard Tonsing and the Online Distributed
-Proofreading Team at http://www.pgdp.net (This file was
-produced from images generously made available by The
-Internet Archive)
-
-
-
-
-
-
-</pre>
-
-
-<div class='tnotes covernote'>
-
-<p class='c000'><b>Transcriber’s Note:</b></p>
-
-<p class='c000'>The cover image was created by the transcriber and is placed in the public domain.</p>
-
-</div>
-
-<div class='titlepage'>
-
-<div>
- <h1 class='c001'>LUMBER<br /> <span class='xlarge'>LEGAL OPINIONS</span></h1>
-</div>
-
-<div class='figcenter id001'>
-<img src='images/ititle.jpg' alt='' class='ig001' />
-</div>
-
-<div class='nf-center-c0'>
-<div class='nf-center c002'>
- <div>1910</div>
- <div class='c002'><span class='small'>PUBLISHED BY</span></div>
- <div class='c003'><span class='large'>NATIONAL WHOLESALE LUMBER DEALERS ASSOCIATION</span></div>
- <div class='c003'>66 BROADWAY, - NEW YORK</div>
- </div>
-</div>
-
-</div>
-
-<div class='chapter'>
- <h2 class='c004'>OFFICERS 1910–1911</h2>
-</div>
-
-<table class='table0' summary=''>
- <tr>
- <td class='c005'>President</td>
- <td class='c006'>ROBERT W. HIGBIE</td>
- </tr>
- <tr>
- <td class='c005'>First Vice-President</td>
- <td class='c006'>FRED R. BABCOCZ</td>
- </tr>
- <tr>
- <td class='c005'>Second Vice-President</td>
- <td class='c006'>FRANKLIN E. PARKER</td>
- </tr>
- <tr>
- <td class='c005'>Treasurer</td>
- <td class='c006'>FRED’K W. COLE</td>
- </tr>
- <tr>
- <td class='c005'>Secretary</td>
- <td class='c006'>E. F. PERRY</td>
- </tr>
- <tr><td>&nbsp;</td></tr>
- <tr><td>&nbsp;</td></tr>
- <tr><th class='c007' colspan='2'>BOARD OF TRUSTEES</th></tr>
- <tr><td>&nbsp;</td></tr>
- <tr><th class='c007' colspan='2'>Terms expire in 1911</th></tr>
- <tr><td>&nbsp;</td></tr>
- <tr>
- <td class='c005'>LEWIS DILL</td>
- <td class='c006'>Baltimore, Md.</td>
- </tr>
- <tr>
- <td class='c005'>C. H. PRESCOTT, Jr.</td>
- <td class='c006'>Cleveland, O.</td>
- </tr>
- <tr>
- <td class='c005'>G. F. CRAIG</td>
- <td class='c006'>Philadelphia, Pa.</td>
- </tr>
- <tr>
- <td class='c005'>A. L. STONE</td>
- <td class='c006'>Cleveland, O.</td>
- </tr>
- <tr>
- <td class='c005'>W. W. KNIGHT</td>
- <td class='c006'>Indianapolis, Ind.</td>
- </tr>
- <tr>
- <td class='c005'>W. E. LITCHFIELD</td>
- <td class='c006'>Boston, Mass.</td>
- </tr>
- <tr>
- <td class='c005'>W. W. REILLEY</td>
- <td class='c006'>Buffalo, N. Y.</td>
- </tr>
- <tr><td>&nbsp;</td></tr>
- <tr><td>&nbsp;</td></tr>
- <tr><th class='c007' colspan='2'>Terms expire in 1912</th></tr>
- <tr><td>&nbsp;</td></tr>
- <tr>
- <td class='c005'>R. D. BAKER</td>
- <td class='c006'>Pittsburg, Pa.</td>
- </tr>
- <tr>
- <td class='c005'>G. C. EDWARDS</td>
- <td class='c006'>Ottawa, Ont.</td>
- </tr>
- <tr>
- <td class='c005'>F. W. COLE</td>
- <td class='c006'>New York City</td>
- </tr>
- <tr>
- <td class='c005'>R. H. DOWNMAN</td>
- <td class='c006'>New Orleans, La.</td>
- </tr>
- <tr>
- <td class='c005'>F. E. PARKER</td>
- <td class='c006'>Saginaw, Mich.</td>
- </tr>
- <tr>
- <td class='c005'>R. W. HIGBIE</td>
- <td class='c006'>New York City</td>
- </tr>
- <tr>
- <td class='c005'>HORTON CORWIN, Jr.</td>
- <td class='c006'>Edenton, N. C.</td>
- </tr>
- <tr><td>&nbsp;</td></tr>
- <tr><td>&nbsp;</td></tr>
- <tr><th class='c007' colspan='2'>Terms expire in 1913</th></tr>
- <tr><td>&nbsp;</td></tr>
- <tr>
- <td class='c005'>F. R. BABCOCK</td>
- <td class='c006'>Pittsburg, Pa.</td>
- </tr>
- <tr>
- <td class='c005'>N. H. WALCOTT</td>
- <td class='c006'>Providence, R. I.</td>
- </tr>
- <tr>
- <td class='c005'>T. J. MOFFETT</td>
- <td class='c006'>Cincinnati, O.</td>
- </tr>
- <tr>
- <td class='c005'>F. S. UNDERHILL</td>
- <td class='c006'>Philadelphia, Pa.</td>
- </tr>
- <tr>
- <td class='c005'>L. L. BARTH</td>
- <td class='c006'>Chicago, Ill.</td>
- </tr>
- <tr>
- <td class='c005'>J. V. STIMSON</td>
- <td class='c006'>Huntingburg, Ind.</td>
- </tr>
- <tr>
- <td class='c005'>W. A. GILCHRIST</td>
- <td class='c006'>Memphis, Tenn.</td>
- </tr>
-</table>
-
-<div class='chapter'>
- <h2 class='c004'>PREFACE</h2>
-</div>
-
-<p class='c008'>In presenting “Lumber Legal Opinions” to our members and to
-some of our friends whom we particularly desire to become members
-of our Association, not only for the good their co-operation will
-do us, but for their own benefit as well, we desire to say that this
-compilation is based upon the practical working out of specific cases
-for our members during the past few years. An examination will,
-we think, prove the work to be practical and dependable, and generally
-to express good common sense, and consequently good law.
-You will, we hope, find it worth your careful study and guidance.
-In some instances the opinions may be affected by court decisions
-of the respective States; some of these decisions are specifically
-referred to, but, as a rule, it has been our aim to secure opinions
-covering a general situation.</p>
-
-<p class='c009'>This gives us an opportunity to remind you of the special
-work which this Association is constantly undertaking for its members
-and especially that it is worthy of your earnest co-operation
-and special effort to bring in new members, so that the influence
-of the organization may be enlarged and made in every way
-worthy of its name.</p>
-
-<hr class='c010' />
-
-<div class='sidenote'>Purpose of the Association</div>
-
-<p class='c009'>The Charter defines the Purpose of the Association to be “to
-protect the members against unbusinesslike methods in the wholesale
-and retail trade; to foster such trade and commerce;
-to reform abuses in such trade or business;
-to secure freedom from unjust or unlawful
-exactions; to diffuse accurate information among
-its members as to the standing of merchants and
-others by and with whom said trade or business is conducted, and
-as to other matters to produce uniformity and certainty in the customs
-and usages of said trade and of those engaged therein; to
-settle differences between its members, and to promote a more
-large and friendly intercourse between them.”</p>
-
-<div class='sidenote'>Bureau of Information or Credit Department</div>
-
-<p class='c009'>The Charter and By-Laws of the Association defines the duty of
-this Bureau to be as follows: “To diffuse accurate information
-as to the standing of merchants.” There are in the
-records of this Bureau at the present time 28,000
-reports showing the financial condition of an equal
-number of buyers of lumber. In addition to these
-financial statements all of these buyers of lumber
-are rated by the Bureau as to their credit standing as well. It is
-the unanimous opinion of our members who use this Bureau that
-the reports are superior to those of any other mercantile agency
-or other source of information. The Bureau makes a specialty of
-securing reports only on lumber buyers or users, and it therefore
-furnishes more complete and reliable reports as to moral and financial
-standing and business methods than any other agency. A system
-is also a part of the Bureau whereby important information is
-sent to each subscriber without the subscriber making special request
-therefor; in other words, it is the aim of the Bureau to keep its subscribers
-fully and promptly advised of all important business
-changes.</p>
-
-<div class='c002'></div>
-<div class='sidenote'>Legal and Collection Department</div>
-
-<p class='c009'>In connection with and as a part of the Bureau of Information
-there has been established a legal and collection department. This
-department handles commercial claims, past due
-accounts, etc., sent to it with promptness and at a
-minimum cost when compared with the usual
-methods employed by attorneys and the courts; also
-has on file much information, including legal opinions
-and court decisions which are furnished upon request without
-charge.</p>
-
-<div class='c002'></div>
-<div class='sidenote'>Railroad and Transportation Bureau</div>
-
-<p class='c009'>The Railroad and Transportation Committee through its Bureau
-is in a position to be of the greatest service to our members, because
-of the intimate knowledge which our Traffic Manager
-has of all matters that have to do with our
-relations with the railroads.</p>
-
-<p class='c009'>Information and assistance covering a wide range
-of transportation subjects is being constantly rendered.
-There are also on file complete lumber tariffs which are
-kept up to date, and this enables our members to obtain correct
-information as to rates, routing, etc. Upon request, shipments are
-traced and prompt deliveries effected. The above services are
-furnished to our members entirely free of charge.</p>
-
-<p class='c008'>This Bureau also investigates and collects claims for loss or
-damage in transit, overcharges in rates, weight, mis-routing, etc.
-For these services a nominal charge is made based on the actual
-amount collected. The manager of this Bureau has had years of
-experience and possesses intimate knowledge of the methods pursued
-by the various claim departments of the railroads and he is
-therefore in a position promptly to collect any just claims and frequently
-has been able to collect claims which our members have been
-unable to collect themselves. In this connection it may be well to
-state that all shippers of lumber are entitled to free allowances in
-weight of five hundred pounds for car stakes used on flat and gondola
-cars, and this Bureau has secured many refunds on past shipments
-for members who have not been allowed this free weight.
-The Bureau is also in a position to compel the railroads not now
-making the allowances, to do so.</p>
-
-<div class='c002'></div>
-<div class='sidenote'>Arbitration</div>
-
-<p class='c009'>The By-Laws define the duties of the Arbitration Committee
-to be “to settle differences between our members.” The services
-of this committee are at the disposal of our members
-at the actual cost of the expenses of three selected
-men from among the members of this committee
-who thoroughly understand the customs of the lumber
-trade. Any member who avails himself of the services of this
-committee consequently obtains at an actual cost the services of a
-jury of experts, with the result that differences are settled fairly,
-equitably and promptly and without any annoyances and undue
-expenses.</p>
-
-<div class='c002'></div>
-<div class='sidenote'>Legislation Committee</div>
-
-<p class='c009'>“To reform abuses” and “to secure freedom from unjust or
-unlawful exactions” is jointly the work of several Committees.
-For freedom from unjust and burdensome laws and
-for laws granting us security and reasonable opportunity
-in the conduct of our business, we look to
-the Legislation Committee, whose duty it is to
-scrutinize acts affecting the trade, to oppose those
-which oppress, and to favor and forward those which assist.</p>
-
-<div class='c002'></div>
-<div class='sidenote'>Forestry and Conservation</div>
-
-<p class='c009'>“To foster such trade and commerce” by perpetuating the raw
-material which forms the basis of all lumber business, we have
-our Forestry Committee. The people of this country,
-with its tremendous sources of timber supply,
-must be educated to grasp the possibility of a future
-famine, and needful legislation must be enacted to
-reduce the problem of reforestation to a practical
-business proposition before the scarcity of timber shall enhance the
-values of stumpage to the point of placing trees as a crop in the
-same class with grain and cotton. The Advisory Forestry Committee
-links our Association with the country at large in this movement.</p>
-
-<div class='c002'></div>
-<div class='sidenote'>Fire and Marine Insurance</div>
-
-<p class='c009'>The services performed by the members of these committees
-in past years have most fully justified their existence in the reduction
-which has been obtained not only for our
-members, but for all lumbermen both in fire insuring
-companies as well as in marine insuring companies.
-These savings amount annually to a sum which is
-estimated at more than one million dollars in premiums.</p>
-
-<div class='c002'></div>
-<div class='sidenote'>Hardwood Inspection</div>
-
-<p class='c009'>Our Association stands for not only a national but an international
-set of rules to govern the grading and inspection of hardwood
-lumber. In all lines of business nothing is
-more desirable and necessary than uniformity. It
-is the aim of the Hardwood Inspection Committee
-to secure the adoption of a reasonable and universal
-set of rules for the inspection of hardwood lumber.</p>
-
-<div class='c002'></div>
-<div class='sidenote'>Management</div>
-
-<p class='c009'>The Active Management of the Association is in the hands of
-a board of twenty-one trustees, operating with the
-Officers and the Executive Committee, through the
-Secretary and his assistants.</p>
-
-<div class='c002'></div>
-<div class='sidenote'>Headquarters</div>
-
-<p class='c009'>The offices of the Association are at 66 Broadway, New York,
-centrally located in the business section of the city.
-Members have the unrestricted privilege of using
-these offices as the headquarters for receiving mail
-and telegrams, and for business conferences.</p>
-
-<div class='c002'></div>
-<div class='sidenote'>Membership</div>
-
-<p class='c009'>The four hundred Lumbermen who are members are ready
-and willing to testify to the advantages to be derived from connection
-with this Association. Coming from 28 States
-and Canada, they are qualified by numbers and
-ability to cope with all questions affecting the manufacture
-and wholesale distribution of lumber.</p>
-
-<p class='c008'>Membership in our Association is restricted to legitimate manufacturers
-of lumber and wholesale dealers in lumber who are in
-good standing in the trade.</p>
-
-<p class='c008'>There is no initiation fee. The annual dues are $50.00, with
-a charge of $50.00 additional to those who desire the benefits of the
-Bureau of Information. The Collection Department and Transportation
-Bureau are open to all members without charge other
-than the very moderate fees scheduled for actual work performed.</p>
-
-<div class='figcenter id002'>
-<img src='images/i006.jpg' alt='' class='ig001' />
-</div>
-
-<p class='c011'>These opinions and abstracts were compiled, and arranged under the
-supervision of the LEGAL DEPARTMENT, BUREAU OF INFORMATION,
-W. W. Schupner, Department Manager.</p>
-
-<div class='chapter'>
- <h2 class='c004'>INDEX</h2>
-</div>
-
-<p class='c008'>The cross index is arranged so as to bring out the several points
-in each opinion or extract. The number at the left, following each
-opinion or extract, indicates the number of such opinion or extract
-referred to in the index. The first number after the subject gives
-the number of the opinion and the second the page number, for
-example: after “acceptance of checks sent in full settlement” appear
-18–21, denoting that the information can be obtained from opinion
-18 on page <a href='#Page_21'>21</a>. The other figures after the same subject indicate the
-other opinions and pages where similar information is given.</p>
-
-<hr class='c010' />
-
-<div class='nf-center-c0'>
- <div class='nf-center'>
- <div><b>First number gives number of opinion; second number gives page number.</b></div>
- </div>
-</div>
-
-<ul class='index'>
- <li class='c012'><i>Agent.</i>
- <ul>
- <li>Authority of salesman to bind principal, 35–<a href='#Page_36'>36</a></li>
- <li>Carrier as agent—see common carriers</li>
- <li>License in New York City, 3–<a href='#Page_17'>17</a></li>
- <li>May receive notice for principal, 88–<a href='#Page_74'>74</a></li>
- <li>See also certificate to do business.</li>
- </ul>
- </li>
- <li class='c012'><i>Acceptance of</i>
- <ul>
- <li>checks sent in full settlement, 18–<a href='#Page_21'>21</a>, 20–<a href='#Page_28'>28</a>, 51–<a href='#Page_49'>49</a>, 66–<a href='#Page_60'>60</a>, 80–<a href='#Page_68'>68</a>, 95–<a href='#Page_77'>77</a></li>
- <li>delayed shipments avoids claim for delay, 87–<a href='#Page_73'>73</a></li>
- <li>draft does not avoid claim for inferior lumber, 92–<a href='#Page_76'>76</a></li>
- <li>less than invoice price, 109–<a href='#Page_89'>89</a></li>
- <li>offer constitutes valid contract, 72–<a href='#Page_65'>65</a>, 96–<a href='#Page_79'>79</a></li>
- <li>order through salesman, when it is complete, 96–<a href='#Page_78'>78</a></li>
- <li>shipment affected by statute (New Jersey), 81–<a href='#Page_69'>69</a></li>
- <li>shipment affected by warranty, 62–<a href='#Page_57'>57</a>, 102–<a href='#Page_83'>83</a>, 108–<a href='#Page_89'>89</a></li>
- <li>shipment unless promptly rejected, 62–<a href='#Page_57'>57</a></li>
- <li>shipment validates verbal contract, 65–<a href='#Page_59'>59</a>, 86–<a href='#Page_72'>72</a></li>
- <li>shipment when it is all or partially used, 34–<a href='#Page_36'>36</a>, 90–<a href='#Page_75'>75</a>, 102–<a href='#Page_83'>83</a></li>
- <li>shipment when it is retained, 6–<a href='#Page_17'>17</a>, 31–<a href='#Page_48'>48</a></li>
- <li>shipment when it is used may depend on a private custom, 90–<a href='#Page_75'>75</a></li>
- </ul>
- </li>
- <li class='c012'>Acceptance necessary to make valid contract, 72–<a href='#Page_65'>65</a>, 96–<a href='#Page_79'>79</a></li>
- <li class='c012'>Accord and satisfaction, 18–<a href='#Page_21'>21</a>, 20–<a href='#Page_28'>28</a>, 51–<a href='#Page_49'>49</a>, 66–<a href='#Page_60'>60</a>, 80–<a href='#Page_68'>68</a>, 95–<a href='#Page_78'>78</a></li>
- <li class='c012'>Accounting by executor, 23–<a href='#Page_26'>26</a></li>
- <li class='c012'>Accounts stated—what does it consist of and what advantage, 101–<a href='#Page_82'>82</a></li>
- <li class='c012'>Assignment for creditors voided by bankruptcy, 14–<a href='#Page_22'>22</a></li>
- <li class='c012'>Assignment of account by foreign corporation (New York), 63–<a href='#Page_58'>58</a></li>
- <li class='c002'><i>Banking.</i>
- <ul>
- <li>Certification of check releases maker, 45–<a href='#Page_43'>43</a>, 104–<a href='#Page_85'>85</a></li>
- <li>Liability of bank for failure to give notice of protest to endorser of note, 99–<a href='#Page_81'>81</a></li>
- <li>Protest not always necessary, 52–<a href='#Page_50'>50</a></li>
- </ul>
- </li>
- <li class='c012'><i>Bankruptcy.</i>
- <ul>
- <li>Avoids assignment of creditors, 14–<a href='#Page_22'>22</a></li>
- <li>Discharge not prevented by giving bad check, 41–<a href='#Page_39'>39</a></li>
- <li>Discharge, what will prevent it, 97–<a href='#Page_79'>79</a></li>
- </ul>
- </li>
- <li class='c012'><i>Bill of Lading.</i>
- <ul>
- <li>in name of buyer may not release seller, 53–<a href='#Page_51'>51</a></li>
- <li>may be required for surrender of shipment, 29–<a href='#Page_34'>34</a></li>
- <li>stipulation as to delivery, 11–<a href='#Page_20'>20</a></li>
- <li>stipulation as to notice of arrival, 25–<a href='#Page_31'>31</a></li>
- <li>to order retains title, 70–<a href='#Page_62'>62</a></li>
- </ul>
- </li>
- <li class='c012'>Breach of contract—see contracts.</li>
- <li class='c012'>Buyer’s position when lumber offered is not as per contract, 37–<a href='#Page_33'>33</a></li>
- <li class='c002'>Cancelling contract when one party guilty of breach, 5–<a href='#Page_14'>14</a>, 47–<a href='#Page_44'>44</a>, 67–<a href='#Page_61'>61</a>, 71–<a href='#Page_64'>64</a></li>
- <li class='c012'>Cancelling order by purchaser before accepted by seller’s home office, 96–<a href='#Page_79'>79</a></li>
- <li class='c012'>Cancelling order for non-delivery or delay, 43–<a href='#Page_41'>41</a>, 84–<a href='#Page_71'>71</a></li>
- <li class='c012'>Carload of lumber must all be in accordance with order to fulfill contract, 76–<a href='#Page_66'>66</a></li>
- <li class='c012'>Certification of check binds bank and releases maker, 45–<a href='#Page_43'>43</a>, 104–<a href='#Page_85'>85</a></li>
- <li class='c012'>Certificate for individual to do business in New Jersey or New York, 10–<a href='#Page_22'>22</a></li>
- <li class='c012'><i>Certificate to do Business.</i>
- <ul>
- <li>Indiana, 106–<a href='#Page_86'>86</a></li>
- <li>Kentucky, 106–<a href='#Page_87'>87</a></li>
- <li>Maryland, 55–<a href='#Page_52'>52</a></li>
- <li>Michigan, 106–<a href='#Page_88'>88</a></li>
- <li>Mississippi, 106–<a href='#Page_87'>87</a></li>
- <li>New Jersey, 17–<a href='#Page_18'>18</a>, 64–<a href='#Page_58'>58</a></li>
- <li>New York, 17–<a href='#Page_19'>19</a>, 26–<a href='#Page_32'>32</a>, 63–<a href='#Page_57'>57</a>, 106–<a href='#Page_88'>88</a></li>
- <li>Ohio, 106–<a href='#Page_87'>87</a></li>
- <li>Pennsylvania, 19–<a href='#Page_24'>24</a></li>
- <li>Tennessee, 106–<a href='#Page_87'>87</a></li>
- <li>West Virginia, 106–<a href='#Page_86'>86</a></li>
- </ul>
- </li>
- <li class='c012'>Change in original order no excuse for refusing shipment, 1–<a href='#Page_13'>13</a></li>
- <li class='c012'>Checks sent in full settlement, etc., 18–<a href='#Page_21'>21</a>, 20–<a href='#Page_28'>28</a>, 51–<a href='#Page_49'>49</a>, 66–<a href='#Page_60'>60</a>, 80–<a href='#Page_68'>68</a>, 95–<a href='#Page_77'>77</a></li>
- <li class='c012'><i>Common Carriers.</i>
- <ul>
- <li>Agent for buyer, 33–<a href='#Page_77'>77</a>, 53–<a href='#Page_51'>51</a>, 70–<a href='#Page_62'>62</a>, 88–<a href='#Page_74'>74</a></li>
- <li>Agent for seller, 22–<a href='#Page_28'>28</a>, 37–<a href='#Page_33'>33</a>, 70–<a href='#Page_62'>62</a>, 88–<a href='#Page_74'>74</a></li>
- <li>Can insist upon acceptance of delayed delivery, 13–<a href='#Page_47'>47</a>, 56–<a href='#Page_53'>53</a></li>
- <li>Claim for loss or damage, 13–<a href='#Page_47'>47</a>, 46–<a href='#Page_42'>42</a>, 56–<a href='#Page_53'>53</a>, 59–<a href='#Page_54'>54</a>, 73–<a href='#Page_65'>65</a></li>
- <li>Liability as warehouseman, 8–<a href='#Page_16'>16</a>, 48–<a href='#Page_44'>44</a></li>
- <li>Liability for delay, 13–<a href='#Page_47'>47</a></li>
- <li>Liability for delivery without surrender of Bill of Lading, 29–<a href='#Page_34'>34</a>, 58–<a href='#Page_54'>54</a></li>
- <li>May return rejected shipment to consignor, 58–<a href='#Page_54'>54</a></li>
- <li>Must deliver shipment as directed, 11–<a href='#Page_20'>20</a>, 61–<a href='#Page_56'>56</a></li>
- <li>Not always compelled to notify consignor that shipment is rejected by consignee, 61–<a href='#Page_56'>56</a></li>
- <li>Not bound to act as intermediary, 58–<a href='#Page_54'>54</a>, 61–<a href='#Page_56'>56</a></li>
- <li>Notice to, when loading complete, 8–<a href='#Page_15'>15</a></li>
- <li>Obligation to send notice of arrival, 8–<a href='#Page_16'>16</a>, 25–<a href='#Page_31'>31</a>, 28–<a href='#Page_33'>33</a>, 48–<a href='#Page_44'>44</a></li>
- <li>Should pay value at destination for lumber lost, 59–<a href='#Page_55'>55</a>, 73–<a href='#Page_65'>65</a></li>
- <li>Stopping shipments in transit, 27–<a href='#Page_29'>29</a>, 79–<a href='#Page_68'>68</a>, 105–<a href='#Page_85'>85</a></li>
- <li>When can charge demurrage, 25–<a href='#Page_31'>31</a></li>
- <li>When liability begins and ends, 8–<a href='#Page_16'>16</a>, 48–<a href='#Page_44'>44</a></li>
- </ul>
- </li>
- <li class='c012'>Conditional clauses on letter-heads, orders, etc., 24–<a href='#Page_27'>27</a>, 110–<a href='#Page_48'>48</a>, 50–<a href='#Page_46'>46</a>, 82–<a href='#Page_70'>70</a></li>
- <li class='c012'>Confirmation of order by home office, 65–<a href='#Page_59'>59</a>, 96–<a href='#Page_78'>78</a></li>
- <li class='c012'>Confirmation as to time of shipment, 36–<a href='#Page_35'>35</a></li>
- <li class='c012'><i>Contract.</i>
- <ul>
- <li>Acceptance of offer constitutes valid contract, 72–<a href='#Page_65'>65</a>, 96–<a href='#Page_79'>79</a></li>
- <li>Against liability for delay in shipping, 24–<a href='#Page_26'>26</a></li>
- <li>Breach for failure to make good delivery, 6–<a href='#Page_18'>18</a>, 37–<a href='#Page_33'>33</a></li>
- <li>Breach for non-delivery, 22–<a href='#Page_28'>28</a>, 30–<a href='#Page_30'>30</a>, 39–<a href='#Page_38'>38</a>, 43–<a href='#Page_41'>41</a>, 84–<a href='#Page_71'>71</a></li>
- <li>Conditions must all be part of contract, 24–<a href='#Page_27'>27</a>, 50–<a href='#Page_46'>46</a>, 110–<a href='#Page_48'>48</a>, 82–<a href='#Page_70'>70</a></li>
- <li>Incomplete when only part of car as per order, 76–<a href='#Page_66'>66</a></li>
- <li>May be cancelled when one party guilty of breach, 5–<a href='#Page_14'>14</a>, 47–<a href='#Page_44'>44</a>, 67–<a href='#Page_61'>61</a>, 71–<a href='#Page_64'>64</a></li>
- <li>May be void if a mistake in it is obvious, 72–<a href='#Page_65'>65</a></li>
- <li>Should be in writing and signed, 65–<a href='#Page_59'>59</a></li>
- <li>Valid by acceptance of offer, 72–<a href='#Page_65'>65</a>, 96–<a href='#Page_79'>79</a></li>
- </ul>
- </li>
- <li class='c012'>Conveyance in F. O. B. shipment, 42–<a href='#Page_40'>40</a></li>
- <li class='c012'>Corporations (foreign) see certificate to do business.</li>
- <li class='c012'>Credit cannot be demanded when business transferred, 40–<a href='#Page_39'>39</a></li>
- <li class='c012'>Credit must be kept good, 30–<a href='#Page_30'>30</a>, 39–<a href='#Page_38'>38</a>, 47–<a href='#Page_44'>44</a>, 67–<a href='#Page_60'>60</a>, 71–<a href='#Page_64'>64</a>, 79–<a href='#Page_68'>68</a>, 91–<a href='#Page_75'>75</a></li>
- <li class='c012'>Custom—private and general—as to using a shipment, 90–<a href='#Page_74'>74</a></li>
- <li class='c002'>Damage claim against carrier, amount of claim, 13–<a href='#Page_47'>47</a>, 46–<a href='#Page_42'>42</a>, 56–<a href='#Page_53'>53</a>, 59–<a href='#Page_54'>54</a>, 73–<a href='#Page_65'>65</a></li>
- <li class='c012'>Damage in transit, who responsible, 8–<a href='#Page_15'>15</a>, 54–<a href='#Page_51'>51</a></li>
- <li class='c012'>Delay beyond shipper’s control, 50–<a href='#Page_46'>46</a>, 84–<a href='#Page_71'>71</a></li>
- <li class='c012'>Delay by carrier, liability for, 13–<a href='#Page_47'>47</a></li>
- <li class='c012'>Delay in shipment, liability for, 24–<a href='#Page_27'>27</a>, 50–<a href='#Page_46'>46</a>, 84–<a href='#Page_71'>71</a></li>
- <li class='c012'>Delayed delivery, acceptance of, avoids claims for damages, 87–<a href='#Page_73'>73</a></li>
- <li class='c012'>Delayed delivery by carrier should be accepted, 13–<a href='#Page_47'>47</a>, 56–<a href='#Page_53'>53</a></li>
- <li class='c012'>Delayed delivery need not be accepted as fulfilling contract, 84–<a href='#Page_71'>71</a>, 87–<a href='#Page_73'>73</a></li>
- <li class='c012'><i>Delivery.</i>
- <ul>
- <li>Delayed, liability for, 24–<a href='#Page_27'>27</a>, 50–<a href='#Page_46'>46</a>, 84–<a href='#Page_71'>71</a></li>
- <li>In installments, 5–<a href='#Page_14'>14</a>, 43–<a href='#Page_41'>41</a>, 44–<a href='#Page_41'>41</a>, 47–<a href='#Page_44'>44</a>, 86–<a href='#Page_72'>72</a>, 102–<a href='#Page_83'>83</a></li>
- <li>Liability for non-delivery, 22–<a href='#Page_28'>28</a>, 30–<a href='#Page_30'>30</a>, 39–<a href='#Page_38'>38</a>, 43–<a href='#Page_41'>41</a>, 49–<a href='#Page_45'>45</a>, 91–<a href='#Page_75'>75</a></li>
- <li>May be stopped when buyer becomes insolvent, 27–<a href='#Page_29'>29</a>, 71–<a href='#Page_64'>64</a>, 79–<a href='#Page_68'>68</a></li>
- <li>May not affect original purchaser, 38–<a href='#Page_35'>35</a></li>
- <li>Delivery must be complete, 31–<a href='#Page_48'>48</a>, 76–<a href='#Page_66'>66</a></li>
- <li>Delivery must be made by carriers as directed, 11–<a href='#Page_20'>20</a>, 61–<a href='#Page_56'>56</a></li>
- <li>Not in accordance with contract, 37–<a href='#Page_33'>33</a></li>
- <li>On consignee’s side-track, 48–<a href='#Page_45'>45</a></li>
- <li>What constitutes, on F. O. B. sales, 8–<a href='#Page_15'>15</a>, 37–<a href='#Page_33'>33</a>, 42–<a href='#Page_40'>40</a>, 53–<a href='#Page_50'>50</a>, 70–<a href='#Page_62'>62</a></li>
- </ul>
- </li>
- <li class='c012'>Demand that shipment be returned cannot be enforced, 6–<a href='#Page_18'>18</a></li>
- <li class='c012'>Demurrage—see common carriers.</li>
- <li class='c012'>Discount must be in accordance with terms, 18–<a href='#Page_21'>21</a>, 57–<a href='#Page_53'>53</a>, 69–<a href='#Page_61'>61</a></li>
- <li class='c012'>Draft (accepted) with Bill of Lading does not avoid claim for inferior lumber, 92–<a href='#Page_76'>76</a></li>
- <li class='c012'>Draft with Bill of Lading to order, 70–<a href='#Page_62'>62</a></li>
- <li class='c012'>Due notice, what does it mean, etc., 83–<a href='#Page_71'>71</a></li>
- <li class='c002'>Endorser on note entitled to notice of protest, 99–<a href='#Page_81'>81</a></li>
- <li class='c012'>Executor, time for accounting, 23–<a href='#Page_26'>26</a></li>
- <li class='c002'>False statement may prevent discharge in bankruptcy, 97–<a href='#Page_79'>79</a></li>
- <li class='c012'>Fire delaying shipment, seller’s liability, 50–<a href='#Page_46'>46</a></li>
- <li class='c012'>F. O. B.—what constitutes delivery, 8–<a href='#Page_15'>15</a>, 37–<a href='#Page_33'>33</a>, 42–<a href='#Page_40'>40</a>, 31–<a href='#Page_48'>48</a>, 53–<a href='#Page_50'>50</a>, 70–<a href='#Page_62'>62</a></li>
- <li class='c012'>Foreign corporations—see certificates to do business.</li>
- <li class='c012'>Freight as a consideration for passing title, 9–<a href='#Page_23'>23</a>, 53–<a href='#Page_50'>50</a>, 54–<a href='#Page_51'>51</a></li>
- <li class='c012'>Freight rate advance, 110–<a href='#Page_48'>48</a></li>
- <li class='c012'>Fraud, statute of, 65–<a href='#Page_59'>59</a></li>
- <li class='c002'>Indefinite quantity, order for, 98–<a href='#Page_80'>80</a>, 103–<a href='#Page_84'>84</a></li>
- <li class='c012'>Indiana—necessity of foreign corporations filing certificates, 106–<a href='#Page_86'>86</a></li>
- <li class='c012'>Insolvents, shipments to, can be stopped, 27–<a href='#Page_29'>29</a>, 71–<a href='#Page_64'>64</a>, 79–<a href='#Page_68'>68</a></li>
- <li class='c012'>Insolvency, cause for declining further shipments, 67–<a href='#Page_61'>61</a>, 71–<a href='#Page_63'>63</a>, 91–<a href='#Page_75'>75</a></li>
- <li class='c012'>Inspection on arrival—privilege of, 62–<a href='#Page_57'>57</a>, 92–<a href='#Page_76'>76</a>, 102–<a href='#Page_83'>83</a></li>
- <li class='c012'><i>Installment Shipments.</i>
- <ul>
- <li>Acceptance of one installment validates verbal contract, 86–<a href='#Page_72'>72</a></li>
- <li>Contract for delivery, not separable, 5–<a href='#Page_14'>14</a>, 93–<a href='#Page_77'>77</a>, 102–<a href='#Page_83'>83</a>,
- <ul>
- <li>(see Minnesota case), 107–<a href='#Page_88'>88</a></li>
- </ul>
- </li>
- <li>Cancelling for non-payment, 47–<a href='#Page_44'>44</a>, 71–<a href='#Page_64'>64</a></li>
- <li>Cancelling order for non-delivery, 43–<a href='#Page_41'>41</a></li>
- <li>Delay in shipment, 44–<a href='#Page_41'>41</a></li>
- <li>Using one installment may constitute waiver of objection to subsequent installments, 102–<a href='#Page_83'>83</a></li>
- </ul>
- </li>
- <li class='c012'>Invoice terms not effective unless part of contract, 82–<a href='#Page_70'>70</a></li>
- <li class='c002'>Judgment in one state ground for suit in another, 60–<a href='#Page_55'>55</a></li>
- <li class='c002'>Kentucky, necessity of foreign corporations filing certificate, 106–87</li>
- <li class='c002'>Loss for non-delivery of lumber, 49–<a href='#Page_45'>45</a></li>
- <li class='c012'>Loss for reselling shipment refused on arrival—method of recovery, 1–<a href='#Page_13'>13</a>, 5–<a href='#Page_14'>14</a>, 78–<a href='#Page_67'>67</a>, 94–<a href='#Page_77'>77</a></li>
- <li class='c012'>Lost shipment, amount of claim against carrier, 59–<a href='#Page_55'>55</a>, 73–<a href='#Page_65'>65</a></li>
- <li class='c002'>Maryland, necessity of foreign corporations filing certificate, 55–<a href='#Page_52'>52</a></li>
- <li class='c012'>Maximum and minimum amounts in contract of sale, 98–<a href='#Page_80'>80</a>, 103–<a href='#Page_84'>84</a></li>
- <li class='c012'>Measure of claim against carrier, 13–<a href='#Page_47'>47</a>, 46–<a href='#Page_42'>42</a>, 56–<a href='#Page_53'>53</a>, 59–<a href='#Page_54'>54</a>, 73–<a href='#Page_65'>65</a></li>
- <li class='c012'>Michigan, necessity of foreign corporations filing certificate, 106–<a href='#Page_88'>88</a></li>
- <li class='c012'>Mississippi, necessity of foreign corporations filing certificate, 106–<a href='#Page_87'>87</a></li>
- <li class='c012'>Mistake must be obvious to avoid contract, 72–<a href='#Page_65'>65</a></li>
- <li class='c002'>New Jersey—certificate for individual dealing under assumed name, 10–<a href='#Page_22'>22</a></li>
- <li class='c012'>New Jersey lien law, 21–<a href='#Page_32'>32</a></li>
- <li class='c012'>New Jersey—necessity of foreign corporations filing certificate, 17–<a href='#Page_18'>18</a>, 64–<a href='#Page_58'>58</a></li>
- <li class='c012'>New Jersey statute affects acceptance, 81–<a href='#Page_69'>69</a></li>
- <li class='c012'>New York City license for agent, 3–<a href='#Page_17'>17</a></li>
- <li class='c012'>New York State certificate for individual dealing under assumed name, 10–<a href='#Page_22'>22</a></li>
- <li class='c012'>New York—necessity of foreign corporations filing certificate, 17–<a href='#Page_19'>19</a>, 26–<a href='#Page_32'>32</a>, 63–<a href='#Page_57'>57</a>, 106–<a href='#Page_88'>88</a></li>
- <li class='c012'>Non-suit for foreign corporations—see certificates to do business.</li>
- <li class='c012'><i>Notice.</i>
- <ul>
- <li>As to non-delivery, 49–<a href='#Page_45'>45</a></li>
- <li>Of arrival by carrier, 8–<a href='#Page_16'>16</a>, 25–<a href='#Page_31'>31</a>, 28–<a href='#Page_33'>33</a>, 48–<a href='#Page_44'>44</a></li>
- <li>To agent is notice to principal, 88–<a href='#Page_74'>74</a></li>
- <li>To carrier when loading complete, 8–<a href='#Page_15'>15</a></li>
- <li>To carrier as to measure of damages, 46–<a href='#Page_43'>43</a></li>
- <li>What constitutes reasonable notice, 83–<a href='#Page_71'>71</a></li>
- </ul>
- </li>
- <li class='c002'>Offer accepted constitutes valid contract, 72–<a href='#Page_65'>65</a>, 96–<a href='#Page_79'>79</a></li>
- <li class='c012'>Offer may be withdrawn until accepted, 96–<a href='#Page_79'>79</a></li>
- <li class='c012'>Ohio—necessity of foreign corporations filing certificate, 106–<a href='#Page_87'>87</a></li>
- <li class='c012'>Order, confirmation by home office, 65–<a href='#Page_59'>59</a>, 96–<a href='#Page_78'>78</a></li>
- <li class='c002'>Partial payment validates verbal contract, 65–<a href='#Page_59'>59</a>, 86–<a href='#Page_72'>72</a></li>
- <li class='c012'>Partial shipments—see installment shipments.</li>
- <li class='c012'>Pennsylvania—necessity of foreign corporations filing certificate, 19–<a href='#Page_24'>24</a></li>
- <li class='c012'>Postscripts on letters or contracts should be signed, 82–<a href='#Page_70'>70</a></li>
- <li class='c012'>Principal bound by notice to agent, 88–<a href='#Page_74'>74</a></li>
- <li class='c012'>Principal not always bound by salesman’s act, 35–<a href='#Page_36'>36</a></li>
- <li class='c012'>Prompt rejection of shipment necessary to avoid acceptance, 62–<a href='#Page_57'>57</a></li>
- <li class='c012'>Protest not always necessary, 52–<a href='#Page_50'>50</a></li>
- <li class='c002'>Quantity, order for indefinite quantity, 98–<a href='#Page_80'>80</a>, 103–<a href='#Page_84'>84</a></li>
- <li class='c002'>Railroads—see common carriers.</li>
- <li class='c012'>Reasonable time for shipment, unless otherwise agreed, 36–<a href='#Page_35'>35</a></li>
- <li class='c012'>Reasonable time, what does it mean, 13–<a href='#Page_47'>47</a>, 62–<a href='#Page_57'>57</a>, 83–<a href='#Page_71'>71</a></li>
- <li class='c012'>Refusal of seller to make deliveries, 49–<a href='#Page_45'>45</a></li>
- <li class='c012'>Refusing shipment on arrival, 1–<a href='#Page_13'>13</a>, 5–<a href='#Page_14'>14</a>, 56–<a href='#Page_52'>52</a>, 78–<a href='#Page_67'>67</a>, 94–<a href='#Page_77'>77</a></li>
- <li class='c012'>Refusing to send shipping instructions for lumber ordered, 12–<a href='#Page_20'>20</a></li>
- <li class='c012'>Rejection of shipment by notice to railroad, 88–<a href='#Page_74'>74</a></li>
- <li class='c012'>Rejected shipment may be returned to consignor by carrier, 58–<a href='#Page_54'>54</a></li>
- <li class='c012'>Rejection of shipment, carrier not always compelled to notify consignor, 61–<a href='#Page_56'>56</a></li>
- <li class='c012'>Rejection of shipment must be prompt, 62–<a href='#Page_57'>57</a></li>
- <li class='c012'>Reselling lumber refused on arrival, 1–<a href='#Page_13'>13</a>, 5–<a href='#Page_14'>14</a>, 78–<a href='#Page_67'>67</a>, 94–<a href='#Page_77'>77</a></li>
- <li class='c012'>Retaining lumber shipped constitutes acceptance, 6–<a href='#Page_17'>17</a>, 34–<a href='#Page_36'>36</a></li>
- <li class='c002'>Sales in installments—see installment shipments.</li>
- <li class='c012'>Sales on credit, 30–<a href='#Page_30'>30</a>, 39–<a href='#Page_38'>38</a>, 40–<a href='#Page_39'>39</a>, 47–<a href='#Page_44'>44</a>, 67–<a href='#Page_60'>60</a>, 71–<a href='#Page_64'>64</a>, 79–<a href='#Page_68'>68</a>, 91–<a href='#Page_75'>75</a></li>
- <li class='c012'>Sales of indefinite quantity, 98–<a href='#Page_80'>80</a>, 103–<a href='#Page_84'>84</a></li>
- <li class='c012'>Salesman’s order, when accepted, 96–<a href='#Page_79'>79</a></li>
- <li class='c012'>Salesman’s power to bind principal, 35–<a href='#Page_36'>36</a></li>
- <li class='c012'>Selling lumber refused on arrival, 1–<a href='#Page_13'>13</a>, 5–<a href='#Page_14'>14</a>, 78–<a href='#Page_67'>67</a>, 94–<a href='#Page_77'>77</a></li>
- <li class='c012'>Shipping instructions for lumber ordered, refusal to send, 12–<a href='#Page_20'>20</a></li>
- <li class='c012'>Stated accounts, advantage of, 101–<a href='#Page_82'>82</a></li>
- <li class='c012'>Statement of assets, etc., if false, may prevent discharge in bankruptcy, 97–<a href='#Page_79'>79</a></li>
- <li class='c012'>Statute of fraud, 65–<a href='#Page_59'>59</a></li>
- <li class='c012'>Stopping shipment in transit, 27–<a href='#Page_29'>29</a>, 71–<a href='#Page_64'>64</a>, 79–<a href='#Page_68'>68</a>, 105–<a href='#Page_85'>85</a></li>
- <li class='c012'>Storing lumber refused on arrival, 1–<a href='#Page_13'>13</a>, 5–<a href='#Page_14'>14</a>, 78–<a href='#Page_67'>67</a></li>
- <li class='c012'>Strike delaying shipment, seller’s liability, 50–<a href='#Page_46'>46</a></li>
- <li class='c012'>Suit can be instituted in one state on judgment obtained in another state, 60–<a href='#Page_55'>55</a></li>
- <li class='c012'>Suit by foreign corporation may not be maintained because of failure to file certificate—see certificate to do business.</li>
- <li class='c002'>Taxes of foreign corporations, 89–<a href='#Page_74'>74</a>.
- <ul>
- <li>See also certificate to do business.</li>
- </ul>
- </li>
- <li class='c012'>Tender in fulfillment of contract should be accepted or rejected as a whole, 31–<a href='#Page_48'>48</a></li>
- <li class='c012'>Tennessee—necessity of foreign corporations filing certificate, 106–<a href='#Page_87'>87</a></li>
- <li class='c012'>Terms of sale must be part of contract, 82–<a href='#Page_70'>70</a>.
- <ul>
- <li>See also conditional clauses on letter-heads, etc.</li>
- </ul>
- </li>
- <li class='c012'>Terms of sale should stipulate discount, 18–<a href='#Page_21'>21</a>, 57–<a href='#Page_53'>53</a>, 69–<a href='#Page_61'>61</a></li>
- <li class='c012'>Time of shipment, confirmation of, 36–<a href='#Page_35'>35</a></li>
- <li class='c012'>Time of shipment, reasonable unless otherwise agreed upon, 36–<a href='#Page_35'>35</a></li>
- <li class='c012'>Title, during transit (carrier’s assumption), 61–<a href='#Page_56'>56</a></li>
- <li class='c012'>Title, not affected by freight payment, 9–<a href='#Page_23'>23</a>, 53–<a href='#Page_50'>50</a>, 54–<a href='#Page_51'>51</a></li>
- <li class='c012'>Title, when it passes, 8–<a href='#Page_16'>16</a>, 22–<a href='#Page_28'>28</a>, 31–<a href='#Page_48'>48</a>, 48–<a href='#Page_45'>45</a>, 53–<a href='#Page_50'>50</a>, 54–<a href='#Page_51'>51</a>, 70–<a href='#Page_62'>62</a></li>
- <li class='c012'>Title, transfer after purchase holds original buyer, 38–<a href='#Page_35'>35</a></li>
- <li class='c002'>Using lumber shipped constitutes acceptance, 34–<a href='#Page_36'>36</a>, 90–<a href='#Page_75'>75</a>, 102–<a href='#Page_83'>83</a></li>
- <li class='c002'>Verbal contract, when valid, 65–<a href='#Page_59'>59</a>, 86–<a href='#Page_72'>72</a></li>
- <li class='c002'>Warehouseman, carriers’ liability as, 8–<a href='#Page_16'>16</a>, 48–<a href='#Page_44'>44</a></li>
- <li class='c012'>Warranty may survive acceptance, 62–<a href='#Page_57'>57</a>, 102–<a href='#Page_83'>83</a>, 108–<a href='#Page_89'>89</a></li>
- <li class='c012'>West Virginia—necessity of foreign corporations filing certificate, 106–<a href='#Page_86'>86</a></li>
-</ul>
-
-<div class='chapter'>
- <span class='pageno' id='Page_13'>13</span>
- <h2 class='c004'>CHOICE OF REMEDIES WHEN LUMBER IS REFUSED ON ARRIVAL.</h2>
-</div>
-
-<p class='c008'>Recently a member took an order from a dealer in Pennsylvania
-for a car of lumber, and after order had been forwarded to the
-mill, the buyer requested that a change be made in a certain size
-included in the order, which our member advised would be made
-if shipment had not already gone forward from the mill. It developed,
-however, that shipment had been made and that it was too
-late to alter any part of the original order. Upon arrival the
-buyer refused to accept the lumber on the ground that it was not
-as ordered.</p>
-
-<p class='c009'>In connection with this case we have the following opinion
-from an experienced attorney:</p>
-
-<p class='c013'>Seller has the choice of one of three things, viz.: First,
-he may store or retain the property for the vendee and sue
-him for the entire price. Second, he may sell the property,
-acting as the agent for this purpose of the vendee, and recover
-the difference between the contract price and the
-price of resale. Third, he may keep the property as his own
-and recover the difference between the market price at the
-time and place of delivery and the contract price. Usually,
-the best course to pursue would be to elect the second remedy,
-to wit: that of acting as agent for buyer and dispose
-of the carload of lumber and recover the difference between
-the contract price and the price of resale. By proceeding
-in this manner, they may have the use of the price realized
-from the sale, and they have done all that good faith required
-to the end that any loss sustained be reduced to a
-minimum. Of course, the seller on the resale must dispose
-of the goods in good faith and the best mode calculated to
-produce their value, whether it be public auction or by
-broker, or any other mode that can or could be easily adopted.</p>
-
-<p class='c014'><b>Opinion No. 1.</b></p>
-
-<p class='c008'>A metropolitan dealer writes:</p>
-
-<p class='c009'>We took an order in writing from a party for 25,000 feet of
-lumber, 5,000 feet to be delivered the latter part of May, June,
-<span class='pageno' id='Page_14'>14</span>July, August, and until all should be taken. Buyer accepted the
-delivery of the shipments until June, when he refused the shipment,
-writing us a letter, as trade was dull, to please not ship any
-more goods on account of order until he notified us. We immediately
-wrote him that we should insist on his living up to the terms
-of the contract. We had our truckman make note of the fact
-that he tendered the goods at their factory and that they refused to
-receive them. Now, can we sue and collect for these goods, and
-in the future if they refuse to receive them after tendering them
-can we sue? If we should instruct our truckman to leave these
-goods on the sidewalk in front of their place of business, could
-we sue, claiming this was a proper delivery and collect for same?</p>
-
-<p class='c013'>Reply: When goods are to be delivered in a number of
-instalments, as in this case, the buyer’s refusal to accept
-delivery of any one instalment is a breach of the whole contract;
-the seller may declare the contract at an end, from
-that moment, and may sue and recover any damage that the
-breach of contract may have caused him. The seller has the
-choice of three remedies. He may keep the goods as his
-own and sue for the damages; he may hold the goods as
-agent of the buyer, informing the buyer that they will be
-delivered to him upon his demand, and sue for the contract
-price of the goods; or he may sell the goods, for account
-of the buyer, giving the latter prior notice of the time and
-place of sale and then hold the buyer for any deficiency.
-A delivery of the goods upon the sidewalk in front of the
-buyer’s place of business would be of no advantage to the
-seller and it might make him liable for that part of the goods
-if the buyer neglected to take charge of them. The seller
-cannot sue for the price of each instalment, when it has been
-tendered and refused. This would be to put the buyer to
-the expense of defending a number of suits, all arising out
-of one contract, and this the law does not sanction. Though
-it calls for delivery at different times, the contract is one
-and not several, and it may be made the basis of only one
-action. Suit may be brought as soon as there is a breach
-of it, it is true, but that suit must be for all the loss arising
-by reason of the buyer’s unjustifiable act, not simply for the
-value of the single instalment tendered and refused. When
-any suit is brought the court will assume that it is for all
-the loss arising out of the contract and further suits upon
-the same cause of action will be barred.</p>
-
-<p class='c014'><b>Opinion No. 5.</b></p>
-
-<div class='chapter'>
- <span class='pageno' id='Page_15'>15</span>
- <h2 class='c004'>INTERPRETATION OF “F. O. B.” SHIPPING POINT OR DESTINATION.</h2>
-</div>
-
-<p class='c008'>As there seem to be many opinions on the question of “ownership
-in transit,” or delivery of lumber F. O. B., and as the association
-has received numerous inquiries from members covering
-various phases of the subject, the question has been submitted by
-the association to Mr. Walter W. Ross, General Counsel to the Car
-Stake and Equipment Complaint Executive Committee, and an experienced
-railroad attorney, for opinion. While it must be conceded
-that such an opinion can cover only a specific case, it will probably
-be of value to many of our members when the question of ownership
-in transit arises, and if followed, if adopted as a practical solution,
-will help to bring about a better understanding between shipper
-and buyer, always keeping in mind however, that the laws differ in
-various States.</p>
-
-<p class='c009'>His opinion is as follows:</p>
-
-<p class='c013'>If A sells lumber to B and the contract of sale provides
-that A shall deliver the lumber free on board (F. O. B.)
-cars at a certain point, the title to the lumber remains vested
-in A, the seller, until he has delivered the lumber at the point
-agreed upon to the buyer or his agent the carrier.</p>
-
-<p class='c013'>If the lumber is damaged while in the possession of the
-carrier in transit to the point of agreed delivery, the question
-of the loss is between the seller A and the carrier. If
-the lumber is damaged after delivery at the point agreed
-upon, but while in possession of the carrier the question of
-loss is between the buyer and the carrier.</p>
-
-<p class='c013'>The question arises what constitutes delivery f. o. b.
-In the case of shipment of lumber by rail it is customary for
-the shipper to load the lumber properly on the car. It has
-been held by some of the courts that it is not necessary for
-the shipper having completed the loading to give formal
-notice of delivery to the carrier in order to place the consignment
-in the possession of the carrier—(but it is safer to
-notify the carrier of such fact thereby eliminating a possible
-controversy). If the sale is f. o. b. point of shipment the
-delivery by the seller to the carrier is delivery to the buyer
-and from that time the carrier until it has performed its
-contract of transportation is the agent of the buyer. This
-principle of law is subject to the exceptions arising under
-the law of stoppage in transit, as for instance if the buyer
-becomes insolvent after the shipment has been made—but
-before arrival at destination.</p>
-
-<p class='c013'><span class='pageno' id='Page_16'>16</span>It has been held that the liability of the carrier begins
-as soon as the consignment has been placed in its possession,
-even though the bill of lading has not been issued.</p>
-
-<p class='c013'>The question also arises when does the liability of carrier
-as such terminate by delivery to the consignee.</p>
-
-<p class='c013'>The general rule is that when the carrier has placed the
-car of lumber on the track which is the usual and customary
-place for the consignee to unload and consignee has had reasonable
-opportunity to unload, then its liability as carrier
-terminates and it is liable only as a warehouseman while the
-consignment remains on such track, which means that the
-carrier is required to exercise only the degree of care which
-an ordinarily prudent person would exercise to protect his
-property from loss or destruction. In some states the statutes
-provide, or the courts hold, that the carrier having placed
-the car in such position for unloading by the consignee, it
-is then the duty of the carrier to send due notice of that fact
-to the consignee; and until such notice and reasonable opportunity
-has been given, the carrier’s liability as such continues.
-In other states the carriers are not required either
-by statute or rule of the courts to give such notice of arrival
-of consignments, it being held to be the duty of the consignee
-to keep himself informed as to the time of arrival of his
-freight. This rule is gradually being superseded in most
-states by the more reasonable rule that it is the duty of the
-carrier to send due notice to consignee of arrival of freight.</p>
-
-<p class='c014'><b>Opinion No. 8.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>BUYING AND SELLING AGENT NEEDS NO LICENSE IN NEW YORK CITY.</h2>
-</div>
-
-<p class='c008'>Very often out of town members who contemplate opening an
-office in New York City, inquire as to whether it is necessary to
-obtain a license in order that their agent may legally represent
-them. The following appears to cover the ground:</p>
-
-<p class='c009'>Question from Baltimore, Md.—I am acting here as a buying
-and selling agent for a lumber company outside of the State, they
-supplying me with the money with which to buy the lumber to ship
-to them on their orders, and I crediting them with the proceeds of
-the sales of lumber shipped to me to sell for their account, my
-compensation being a commission on the sales and purchases.
-Under these conditions I do not pay a license here in Baltimore,
-but as I expect shortly to move the office to New York, I will thank
-you to let me know if I would require a license to conduct this
-business in that city, and if so, where should I apply for same?</p>
-
-<p class='c013'><span class='pageno' id='Page_17'>17</span>Reply: No license is required in New York City in
-order to carry on such a business as our correspondent describes.
-One who simply buys and sells here, as agent, need
-not make a report or pay a fee to any public officer. But
-if at any time he carries on a general mercantile business, as
-agent, he must register and pay a fee. The statute is as
-follows: “Any person now carrying on or conducting a
-general mercantile or manufacturing business within this
-State, or hereafter commencing such business at or in a fixed
-location as agent or manager for another or others, shall—at
-the commencement of such business, file a sworn statement,
-verified by such agent and principal or principals, in
-the county clerk’s office of the county within which said
-business is carried on, stating the nature of the business
-and the full name and residence of such principal or principals.”
-The fee is $1.00, and failure to file the statement
-is a misdemeanor.</p>
-
-<p class='c014'><b>Opinion No. 3.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>RETAINING LUMBER SHIPPED CONSTITUTES ACCEPTANCE.</h2>
-</div>
-
-<p class='c008'>The acceptance of lumber, where the grade is disputed, is the
-subject of the following correspondence:</p>
-
-<p class='c009'>Question.—We recently shipped a car of lumber to a dealer,
-who claims that same is not up to the grade bought. We have
-asked him to return shipment and guaranteed to replace same with
-material that was absolutely right. He refuses to do so, and states
-that he will not return it until he receives lumber to replace the
-lot he refused to accept. We have sold this car to another party,
-who asks for delivery. We believe that the original purchaser is
-making an unjust claim. Can we demand that the lumber be
-shipped back to us, as the party has refused to accept same and
-has not paid for it? In case he refuses to return it are we under
-any obligation to make a second delivery?</p>
-
-<p class='c013'>Reply: The purchaser in a case of this kind has no
-right to any material that previously belonged to the seller
-except under the contract which he has with the seller.
-When the seller sends the purchaser any lumber and the
-purchaser keeps it, he keeps it either wrongfully or else
-as being in compliance with his contract. But the courts
-will not allow any man to claim, for his own advantage, that
-he is a wrong-doer when there is a possible and reasonable
-explanation of his act which makes it lawful. For this reason,
-<span class='pageno' id='Page_18'>18</span>among others, a buyer of lumber when there has been
-no warranty of quality, who retains the lumber sent to him,
-and refuses to return it, is always held to retain it as being
-perfectly satisfactory and in compliance with the contract.
-Any complaint he may make about the delivery is of no
-importance; it is his act that counts. The courts will insist
-upon taking the most charitable view of his conduct, whatever
-he may say, and the most charitable view is that he
-is doing right, and not wrong, and is keeping the lumber
-because it is a good delivery under the contract. Our correspondents
-can demand that the lumber be returned if they
-choose to do so, but they cannot enforce the demand. If the
-buyer does return the lumber, in answer to such a demand,
-he will have a claim against the sellers for another delivery,
-and a valid one under the contract, or for a breach of the
-contract in failing to make a good delivery in the first place.
-If no such demand is made, or if it is made and not complied
-with, the buyer can be compelled to pay the contract price
-of the goods on the theory that his holding them is an acceptance
-under the contract. It is idle for him to say that he
-does not accept them; keeping them is acceptance. No second
-delivery need be made unless the first delivery is promptly
-and properly refused and returned.</p>
-
-<p class='c014'><b>Opinion No. 6.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>OBTAINING CERTIFICATES PERMITTING FOREIGN CORPORATIONS TO DO BUSINESS AND MAINTAIN AN ACTION IN NEW YORK OR NEW JERSEY.</h2>
-</div>
-
-<p class='c008'>Almost every State in the Union, and especially the States of
-New York, New Jersey, Pennsylvania, Massachusetts, Connecticut,
-etc., require foreign corporations, that is, corporations formed under
-the laws of other States, to procure a license or certificate to do
-business within such State, and in default thereof penalties or fines
-are imposed.</p>
-
-<p class='c009'>In considering the necessity of such license the first question
-is to ascertain whether the corporation is transacting its business
-in a manner which could be interpreted as “doing business” in its
-legal sense, and this means generally filling all orders obtained
-in that State when more than two or three incidental orders have
-been obtained or the maintaining of a place of business in such
-State. The difficulties in obtaining the certificates are not great
-but the details are technical and the expense ranges from $10 upwards,
-<span class='pageno' id='Page_19'>19</span>depending upon the laws under which the company is incorporated,
-there being retaliatory laws in some States. The average
-expense is about $25, and the certificates are generally good for an
-indefinite period; the only annual requirements being a formal
-report which does not involve the giving of the details of the corporation’s
-business and there is no annual taxation unless the corporation
-has both property and is doing business within such State.</p>
-
-<p class='c009'>In many cases where valid claims exist in favor of a corporation
-of another State against a New York debtor, a serious obstacle
-arises where the foreign corporation has not obtained a certificate
-to do business in this State, and, therefore, cannot maintain the
-action. By the statutes as last amended this prohibition covers also
-any one to whom such foreign corporation has assigned the claim
-for collection. The provisions of the New York corporation law
-in this matter are easily complied with. There has to be a sworn
-copy of the charter of such foreign corporation and the designation
-of some person on whom process can be served.</p>
-
-<p class='c009'>The objection to complying with the statute in this respect is
-the possible liability to taxation after the corporation gets its name
-on the State Register. All that is taxable in New York State is
-the amount of capital used in the State, and this would be so small
-as to be unimportant provided, of course, that the proper returns
-to the tax departments at Albany and New York are made out each
-year. This, we understand can be done in ordinary cases, at a
-charge of $10, for the two reports, one to Albany and one to New
-York, and this sum is a very small tax to pay for what must be
-the advantages of selling lumber and maintaining the legal rights
-connected with such sales in New York State.</p>
-
-<p class='c014'><b>Opinion No. 17.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>A CARRIER IS BOUND TO DELIVER LUMBER AS DIRECTED.</h2>
-</div>
-
-<p class='c008'>Question.—My shipper consigns me a car of lumber and marks
-the bill of lading “via P. R. R. delivery.” If this car arrives by
-the C. R. R. of N. J., can I be compelled to accept same from
-them, or does my original contract entitle me to insist on P. R. R.
-delivery?</p>
-
-<p class='c013'>Reply: One of the important and imperative duties of
-a carrier is to deliver the lumber as he is directed to deliver
-it. A direction to deliver it to a specified connecting carrier
-<span class='pageno' id='Page_20'>20</span>or delivery concern cannot be fulfilled by delivering it
-to another, any more than a direction to deliver it to a certain
-consignee can be carried out by delivery to another
-individual. If the carrier makes a wrong delivery, as here
-described, he is guilty of conversion. The consignee is not
-bound to accept the lumber from the connecting carrier to
-whom it has been wrongly delivered. He may sue the original
-carrier for the value of the lumber as soon as he learns
-that a different delivery from that directed by the bill of
-lading has been made.</p>
-
-<p class='c014'><b>Opinion No. 11.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>IF A BUYER REFUSES TO TAKE LUMBER ORDERED THE SELLER HAS A CHOICE OF REMEDIES.</h2>
-</div>
-
-<p class='c008'>Question.—Some time in March last we received an order for
-two cars of 32–inch lath. A few days after the order came to hand
-we received a letter from our customer requesting us to defer shipment
-on account of the threatened strike in the coal regions, which
-request was complied with. The difficulties between the miners
-and operators have of course been adjusted and operations were
-resumed some time ago, but our customer has so far failed to furnish
-shipping directions for the lath, which we had cut especially
-for his order and piled on our docks ready for shipment at the time
-his request was received to hold the order. Would we not be justified
-in loading this stock up and putting cars in transit in accordance
-with the original order and insisting upon acceptance of same
-upon arrival?</p>
-
-<p class='c013'>Reply: This buyer has not, in our opinion, lost his right
-to select the route by which the goods shall be shipped to him.
-There is no question that his delay in giving such instructions
-has been unusually great, but the sellers on their part
-have given no indication of an objection to such delay. It
-is clearly their right now to demand that he send shipping
-instructions immediately and to inform him that they will
-send the goods by a route of their own selection if he does
-not name a route by return mail; then, if the buyer does not
-reply, or if he refuses to issue shipping instructions, or undertakes
-to repudiate the contract, the sellers will have a choice
-of three remedies: They may ship the goods to him by any
-suitable carrier and compel him to pay for them; they may
-inform him that the goods are held subject to his order, to
-be shipped in whatever manner and at whatever time he may
-<span class='pageno' id='Page_21'>21</span>select, and then compel him to pay for them, or they may
-name a time and place at which the goods will be sold at
-auction for his account, giving him sufficient opportunity to
-be present at the sale, and may then sell them at such time
-and place, holding him liable for the necessary expenses of
-advertisement and sale and for any amount, by which the
-selling price may be less than the contract price.</p>
-
-<p class='c014'><b>Opinion No. 12.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>UNDER CERTAIN CONDITIONS THE ACCEPTANCE OF PART OF A DEBT DOES NOT RELEASE THE REMAINDER.</h2>
-</div>
-
-<p class='c008'>Question.—One of our customers recently sent us a check for
-less than the amount of his bill, saying in his letter that he was
-remitting the full amount due us. If he had taken advantage of
-the regular discount on his last purchase (which he did not do)
-the amount now due us would have been within a few dollars of
-the size of the check, but even then the check would not represent
-the exact amount due to us. He does not say in so many words
-that he is claiming a discount, just sends the check and writes,
-“enclosed please find amount of my bill to date.” Something of
-this kind happens rather frequently, and we would like you to advise
-us whether we must forego using that check until we can
-write and straighten out the matter with him. More is due to us
-than he has paid us, and it seems a hardship that we should be
-kept out of even this part of our claim during the week or month
-which it may take to have a full understanding with our customer.</p>
-
-<p class='c013'>Reply: The creditor, in a case of this kind, is justified
-in cashing the check and still demanding the amount yet due;
-this amount he can recover by suit if it is not paid voluntarily.
-The buyer, it seems, was not entitled to a discount, and he
-has not made a specific claim to any. Being indebted to a
-certain amount he simply sends a check for part of that
-amount. He does not say that he claims a discount. If this
-check for less than the full amount due had been accompanied
-by a demand that it be either accepted as payment in
-full, or else returned, a different question might have arisen;
-but even then the check might safely have been cashed under
-the facts of this case. This case is simply that of a man who
-owes $100 and who sends his creditor a smaller amount. The
-<span class='pageno' id='Page_22'>22</span>proper course for the creditor is to accept what is sent as a
-payment upon account and still maintain his claim for what
-is yet due.</p>
-
-<p class='c014'><b>Opinion No. 18.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>BANKRUPTCY AVOIDS AN ASSIGNMENT FOR CREDITORS.</h2>
-</div>
-
-<p class='c008'>Question.—We made a sale to a firm who became embarrassed
-and offered a compromise to their creditors. We accepted the settlement
-offered, 25 per cent. cash and 25 per cent. by note at one
-year. The note given us was not paid and after some delay the
-concern now goes into bankruptcy. Please inform us whether our
-claim in the bankruptcy proceedings would be the note only or the
-full amount due under the original sale?</p>
-
-<p class='c013'>Reply: The compromise in this case, in so far as it
-has not been carried out, will probably be set aside and all
-the bankrupt’s estate be held liable to his creditors under the
-bankruptcy proceedings. It has been held that “an adjudication
-of bankruptcy at the instance of the bankrupt’s creditors
-on the ground of a general assignment, avoids such assignment
-and subjects the property assigned to the jurisdiction
-of the bankruptcy court to be administered under the Bankruptcy
-Act which the creditors have invoked.”</p>
-
-<p class='c009'>Opinion No 14.</p>
-
-<div class='chapter'>
- <h2 class='c004'>AN INDIVIDUAL MAY TRANSACT BUSINESS UNDER A CORPORATE TITLE IN NEW JERSEY.</h2>
-</div>
-
-<p class='c008'>Frequently the question arises regarding a person’s legal right
-to start business under a corporate title; for instance, as “Can John
-Smith conduct business as the Pine Lumber Company,” etc.</p>
-
-<p class='c009'>Question from New Jersey.—A person wishes to start a lumber
-business in New Jersey. Can he adopt a style such as “The Crescent
-Lumber Company” without being incorporated, the manager
-being the sole proprietor? Is there anything necessary to be done
-in such a case beyond hanging out his sign at his place of business?</p>
-
-<p class='c013'>Reply: In New York no person is now allowed to establish
-a business under any name, corporate or individual,
-except his own name, until he has first placed on record in
-the county clerk’s office, in the county in which the business
-is to be carried on, a statement of the facts. So far as
-we can find, however, there is no similar statute in New
-Jersey. It is a comparatively recent law in this State and
-<span class='pageno' id='Page_23'>23</span>there are not many other States that have adopted it. The
-public cannot be misled to its detriment by such a method of
-doing business as our correspondent proposes, and there is no
-common law rule against it. If any creditor supposes that
-the business is being carried on by a corporation he will not
-be harmed by the mistake, because the liability of an individual
-owner, or of a firm, is greater than that of the stockholders
-of a corporation. A creditor who learns that his business
-belongs to an individual, instead of a corporation, will
-be benefited by the knowledge, not damaged. If there should
-be a statute just enacted requiring registration, the county
-clerk will know of it.</p>
-
-<p class='c014'><b>Opinion No. 10.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>WHETHER FREIGHT IS PREPAID OR ALLOWED DOES NOT AFFECT TITLE TO LUMBER.</h2>
-</div>
-
-<p class='c008'>Question.—A dealer in Buffalo sells a car of lumber to a dealer
-in Baltimore with the understanding that freight is to be allowed
-from Buffalo to Baltimore. Please state whether there is any distinction
-as to the ownership of the lumber in transit, whether the
-Buffalo dealer prepays the freight in Buffalo or allows the Baltimore
-dealer to deduct the amount of freight in settlement. If the
-freight is prepaid in Buffalo at the time of shipment, and the lumber
-be lost in transit prior to delivery, is the ownership of the lumber
-vested with the Buffalo or the Baltimore dealer?</p>
-
-<p class='c013'>Reply: If lumber is sold with an understanding that the
-seller is to pay the freight, it makes no difference at all, as
-to ownership during transit, whether freight is prepaid and
-included in the price, or whether it is deducted from the price
-and left for the buyer to pay. A seller is not bound to carry
-the lumber to its destination and deliver it there unless he
-has expressly agreed to do so. This is true whether the
-seller pays the freight or not; in either case a valid delivery,
-transferring risk and title, may be made, if the seller so
-chooses, at the beginning of the transportation unless the
-seller has agreed to deliver the goods elsewhere.</p>
-
-<p class='c014'><b>Opinion No. 9.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>OBTAINING CERTIFICATES PERMITTING FOREIGN CORPORATIONS TO DO BUSINESS IN PENNSYLVANIA.</h2>
-</div>
-
-<p class='c008'>A recent attorney’s opinion contained some valuable information
-regarding the filing of certificates in New York State, permitting
-<span class='pageno' id='Page_24'>24</span>foreign corporations to transact business in that State and
-maintain an action. We have been asked for information regarding
-the requirements of the Commonwealth of Pennsylvania in this
-matter and our attorney at Philadelphia, William S. Furst, Stephen
-Girard Building, has forwarded the following opinion.</p>
-
-<p class='c011'>Herewith follows an opinion embodying the essential points in
-re foreign corporations doing business in the State of Pennsylvania.</p>
-
-<p class='c011'>The Act of Assembly approved April 22, 1874, provides that
-no foreign corporation (this includes corporations created by other
-States) shall do any business in this Commonwealth until such corporation
-shall have established an office and appointed an agent
-for the transaction of its business therein, and it shall not be lawful
-for any such corporation to do any business in this Commonwealth
-until it shall have filed in the office of the Secretary of the
-Commonwealth a statement under seal of such corporation, and
-signed by the President or Secretary thereof, showing the title and
-object of said corporation and the name of its authorized agent,
-with a penalty attached thereto for violation, that a person shall be
-guilty of a misdemeanor, etc.</p>
-
-<p class='c011'>The words “doing business” do not include a sale in a foreign
-State, although the goods are delivered in this State, or taking
-orders, or making sales by salesmen through agents going into
-Pennsylvania from another for that purpose.</p>
-
-<p class='c011'>In short, a foreign corporation engaged in strictly interstate
-commerce, may advertise its goods, send agents to solicit orders,
-take orders, make contracts of sale respecting the same, and ship
-them to customers in Pennsylvania, without violating the act, and
-may sue to recover the price of any merchandise without filing the
-statement required by the act, although the foreign corporation in
-question has no office or place of business in Pennsylvania and no
-part of its capital invested here.</p>
-
-<p class='c011'>A foreign corporation, which has not complied with the Act above
-stated, but has an office or place of business in Pennsylvania, or
-any of its capital invested within the State, cannot enforce contract
-rights in the courts of Pennsylvania.</p>
-
-<p class='c011'>It has been recently decided by the Supreme Court of the State
-of Pennsylvania (the court of last resort) that a foreign corporation
-which invests most of its capital in the State of Pennsylvania
-for a period of six months while constructing a railway,
-employs large numbers of men, but does not file a statement in the
-office of the Secretary of the Commonwealth, as required by the
-provisions of the Act until two months after completion of the
-work, cannot recover for labor and materials furnished in doing
-such work.</p>
-
-<p class='c011'>With respect to the taxes imposed upon foreign corporations
-<span class='pageno' id='Page_25'>25</span>doing business in the State of Pennsylvania, the Act of May 8th,
-1901, provides that all foreign corporations shall pay to the State
-Treasurer for the use of the Commonwealth a bonus of one-third
-of one per centum upon the amount of their capital actually employed
-or to be employed wholly within the State, and a like bonus
-upon each subsequent increase of capital so employed. This is not
-an annual tax. It has been defined to be the price paid the Commonwealth
-for the privilege conferred on such corporation by its charter.
-It is therefore in no sense a tax, and the payment thereof
-does not relieve any corporation from any tax to which it is otherwise
-subject.</p>
-
-<p class='c011'>Respecting the taxation of foreign corporations, they are taxable
-like domestic corporations on so much of their capital stock
-as is invested within the Commonwealth under the provisions of the
-Act of Assembly approved June 8th, 1898. The tax is imposed
-annually at the rate of five mills upon each dollar of the actual
-value of the whole capital stock of all kinds invested or represented
-by capital invested within the State.</p>
-
-<p class='c011'>The tax is settled by the accounting officers upon the basis of a
-report required to be made by all companies subject to the tax, and
-particularly upon the appraisement of the value of the stock contained
-in such report. The report is filed between the first and fifteenth
-of November in each year.</p>
-
-<p class='c011'>Foreign corporations are also obliged to file a bonus report annually,
-from which should appear whether there has been any
-increase in the amount of the capital actually invested within the
-State, so that the proper bonus charges may be made upon any
-such increase as above stated.</p>
-
-<p class='c014'><b>Opinion No. 19.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>PAYMENT OF CLAIMS BY AN EXECUTOR—TIME FOR FINAL ACCOUNTING.</h2>
-</div>
-
-<p class='c008'>Occasionally the question arises as to what length of time an
-executor has to close an estate, and the following, particularly the
-second section, may be helpful:</p>
-
-<p class='c009'>Question—Can an executor pay a bill of $10 or less, or what is
-the largest amount he can pay, without having the claim verified
-before a notary, according to law?</p>
-
-<p class='c009'>2.—Within what time do the laws require that an executor’s
-accounts shall be made up and ready for final settlement?</p>
-
-<p class='c013'>Reply: 1. The law makes no distinction as to the
-amount of the claim against the estate for which an executor
-should require vouchers and an affidavit. The statutory provision
-is as follows: “The executor or administrator may
-<span class='pageno' id='Page_26'>26</span>require satisfactory vouchers in support of any claim presented,
-and the affidavit of the claimant that the claim is justly
-due, that no payments have been made thereon, and that there
-are no offsets against the same to the knowledge of the claimant,”
-see Code of Civil Procedure, Section 2718. If an executor
-should pay a claim of any considerable size, without this
-precaution, and the claim should afterwards turn out to be
-unjust, he could be, or probably would be, required to repay
-the amount to the estate.</p>
-
-<p class='c013'>2. The laws of this State do not fix any definite time as
-the limit within which an executor must make his final accounting.
-Whenever a year has expired since the grant of
-his letters, the surrogate may compel the executor to make
-an accounting of all that has been done up to that time. If
-the estate is then in a condition to be definitely settled this
-may be done. If there has been any remissness on the part
-of the executor this may properly be dealt with by the surrogate.
-If the executor has used due diligence, and still is not
-ready to make a final accounting, he may have further time,
-always, of course, under the supervision of the court.</p>
-
-<p class='c014'><b>Opinion No. 23.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>A SELLER MAY CONTRACT AGAINST LIABILITY FOR DELAY IN SHIPPING.</h2>
-</div>
-
-<p class='c008'>Question—A company in Boston sells to A in New York 800,000
-feet of lumber and on the sales slip are the words, “for delivery, one
-cargo in June, and one in July.” The lumber was shipped in four
-cargoes, about 200,000 feet in each. The first two were shipped
-in July; the third cargo on the 18th of August, and the fourth on
-the 21st of August. The first two cargoes were accepted at the
-contract price, $27, but the customer refuses the third and fourth
-cargoes, claiming that we were late on the deliveries. It is a well
-known fact that all through this year vessels have been very hard
-to obtain. Has the New York dealer a right to refuse to accept the
-third and fourth cargoes at the contract price? The price has
-dropped from the spring to the present time from $27 to say $24.
-The customer claims the last two cargoes at the going market price
-prevailing at the time they arrived. Inasmuch as the cargoes cannot
-be sold over again, except at a less price than the New York customer
-offered, we were obliged to let him unload the last two cargoes.
-We claim that the customer has no right to deduct anything,
-owing to the lateness of delivery, because our orders read, “subject
-to delays caused by fires, strikes or other causes beyond our control.”</p>
-
-<p class='c013'><span class='pageno' id='Page_27'>27</span>Reply: We suppose the clause quoted by our correspondent,
-“subject to delays,” etc., is incorporated in the contract
-or is so prominently printed on the order blank that
-the buyer cannot fail to understand that the sale is made
-subject to it. If that is true, and if it is also true that the
-delay in this case actually arose from a cause beyond the
-control of the sellers, then the buyer’s position was not tenable
-at the beginning. It is possible, however, that the buyer
-can maintain his position now by reason of the acquiescence
-of the sellers. The buyer had a right to ask that a deduction
-in the price be made by reason of the delay. If the sellers
-had refused this request and demanded expressly that the
-cargo be accepted at the contract price, or not accepted at all,
-they could have enforced their demand. It does not appear
-very clearly what answer the sellers made to the buyer’s
-request for a lower price. Our correspondent says: “Inasmuch
-as the cargoes cannot be sold over again, except at a
-less price than the New York customer offered, we were
-obliged to let him unload the last two cargoes.” There was
-plainly a dispute as to whether the delay was one which was
-excusable under the terms of the contract, and, if the act
-of the sellers, or their answer to the request of the buyer
-for a lower price, can be construed into an acquiescence in
-that request, the sellers are now bound by such acquiescence.
-If the sellers have always insisted that the contract price
-must be paid, that the goods must be accepted in strict accordance
-with the contract, or rejected, then they are in position
-to collect the full contract price for all the lumber.</p>
-
-<p class='c014'><b>Opinion No. 24.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>WHEN LUMBER IS SOLD FOR DELIVERY THERE IS A BREACH OF CONTRACT IF NOT DELIVERED.</h2>
-</div>
-
-<p class='c008'>Question from Buffalo, N. Y.—A sells B a carload of lumber
-at a given price delivered, Boston rate of freight for shipment from
-the West. B gives directions which are accepted by A for shipment
-of car to a point taking a Boston rate of freight. The lumber
-is shipped as per contract, and the consignee pays a sight draft with
-bill of lading attached according to terms. While in transit the
-lumber is destroyed. Is the shipper not responsible to the consignee
-for the lumber, as it was not delivered, as the contract called for;
-and after the lumber is destroyed does the consignee have an option
-of insisting on having the shipment replaced or canceling the order?</p>
-
-<p class='c013'><span class='pageno' id='Page_28'>28</span>Reply: Our correspondent calls attention to the fact
-that the contract in this case called for a delivery of the lumber
-at the end of transportation. This being so, the seller
-was bound to carry and deliver the lumber, as well as to
-furnish it. The carrier was an agent of the seller and if the
-lumber is not delivered the seller is to look to the carrier for
-damages, while the buyer looks to the seller. What the
-seller undertook to do in this case was to supply the lumber,
-to carry it, and then to deliver it. If he fails in either point
-he is guilty of a breach of contract. He has failed to deliver
-the lumber; the buyer may regard this as a breach of contract,
-which it is, and sue for such damages as may have
-come upon him as a result of the breach. The buyer cannot
-compel the seller to replace this lumber with other; but if
-the seller would rather do that than pay damages, and if the
-buyer is willing to have it done, then, of course, it may be
-done.</p>
-
-<p class='c014'><b>Opinion No. 22.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>A LIQUIDATED DEMAND CANNOT BE SETTLED EXCEPT BY PAYMENT OF THE WHOLE AMOUNT.</h2>
-</div>
-
-<p class='c008'>Question—An individual in Providence, R. I., who was indebted
-to me, forwarded a check for less than the amount of his entire
-indebtedness. He stated on the face of it “settlement in full.” This
-in nowise discharged his obligation to me and I wrote him that I
-would credit his check on account and requested a remittance of
-the balance. He takes the position that under the Rhode Island
-law he has discharged his indebtedness. Please advise what rights
-I hold in the premises.</p>
-
-<p class='c013'>Reply: We do not find any statute or decision in Rhode
-Island to the effect that a payment of this kind constitutes
-payment in full. All the reported decisions by the courts of
-that State we have been able to find lay down practically the
-same rules upon the subject that are enforced by the courts
-of New York. This payment was made in New York, and
-the laws of this State govern it in any event. The law upon
-the subject here (and, so far as we can learn, in Rhode
-Island, too), is briefly this: If there is no doubt, and no
-dispute, as to the amount due, then payment of less than
-that amount will not discharge the debt, even though the
-creditor agree to accept it as a discharge, if there is no release
-under seal and no new consideration given. If the debt is
-unliquidated, if there is a doubt or dispute as to the amount
-of it, then the debtor’s offer of so much as payment in full
-<span class='pageno' id='Page_29'>29</span>constitutes his estimate of the amount really due. The creditor
-cannot accept the money without accepting the estimate.
-The debtor has a right to go into court to have the dispute
-settled, and if the creditor is unwilling to accept the condition
-under which the money is sent he is bound to return
-the remittance and allow the whole matter to be determined in
-some authoritative way. For decisions to the effect that part
-payment of a debt that is liquidated and certain is not payment
-in full, even when the creditor accepts the money and
-uses it, see 23 N. Y., 684; 108 N. Y., 470; 1 R. I., 496;
-and 8 R. I., 381.</p>
-
-<p class='c014'><b>Opinion No. 20.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>PRIVILEGE OF STOPPING LUMBER IN TRANSIT WHEN BUYERS BECOME INSOLVENT.</h2>
-</div>
-
-<p class='c008'>Question—When lumber has been sold and shipped, and the
-seller afterwards directs the carrier not to deliver it to the buyer
-but to return it to him, is the carrier under any obligation to return
-it, or must he go ahead and deliver it to the buyer, or may he exercise
-his own will in matter? What are the legal rights of all parties
-in such a case?</p>
-
-<p class='c013'>Reply: If one who has sold lumber on credit learns,
-after it has been delivered to the carrier, that the buyer
-is insolvent it is his right to demand that the lumber be not
-delivered to the buyer, but be returned to him. This is known
-as the right of stoppage in transit, and it is founded upon
-the theory that one who buys on credit is bound by an implied
-contract to keep his credit good until the date of payment
-arrives. In order that the seller may be entitled to
-exercise this right the buyer must be actually insolvent, that
-is, unable to meet his just obligations as they fall due; the
-lumber must be still in the hands of the carrier, and not yet
-delivered into the actual or constructive possession of the
-buyer. If the lumber is represented by a bill of lading making
-it deliverable to the buyer or his order that must be still
-under the buyer’s control; if he has transferred it to a third
-person, who has taken it for value and in good faith, the
-seller’s right of stoppage is gone. If a seller who has a right
-to stop the lumber attempts to exercise the right by directing
-the carrier not to deliver it the carrier is bound to obey the
-direction. The carrier, however, acts at his peril in any case.
-If he obeys the instruction and refuses to deliver the lumber
-to the buyer, and the buyer is solvent, he may bring an action
-of trover against the carrier immediately. On the other
-hand, if the carrier disobeys the instruction, and delivers up
-<span class='pageno' id='Page_30'>30</span>the lumber, he makes himself liable to the seller, at least to
-the extent of the buyer’s indebtedness for the lumber, if
-it is a case in which the seller is justified in exercising his
-right of stoppage in transit. Because of these difficulties of
-his situation, the carrier is entitled to a reasonable time in
-which to investigate the financial condition of the buyer; but
-if he finally delivers the lumber to the buyer in any case in
-which the seller had a right to countermand the order for
-their delivery, and had done so, the carrier must answer
-for it.</p>
-
-<p class='c014'><b>Opinion No. 27.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>SALES FOR FUTURE DELIVERY.</h2>
-</div>
-
-<p class='c008'>Frequently the question of credit arises after a contract for
-future delivery has been made, and the following may be helpful:</p>
-
-<p class='c009'>Question—Will you kindly give us your opinion in the following
-matter: A makes a sale to B of a certain quantity of lumber for
-future delivery, payments to be made on a credit of sixty days’
-time. Before the delivery of lumber begins, A has reason to believe
-that the responsibility of B is not satisfactory to him and
-refuses to ship the lumber except for cash with discount for the
-difference in time. What redress has B in this matter, if he is not
-in a position to pay cash?</p>
-
-<p class='c013'>Reply: The refusal of A to ship the lumber to B under
-these circumstances constitutes a breach of contract, for B
-has an action against A for damages. Something more than
-dissatisfaction with B’s financial responsibility is necessary
-to furnish A with a valid excuse for his refusal to ship
-except for cash.</p>
-
-<p class='c014'><b>Opinion No. 30.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>IN MOST STATES A CONSIGNEE MUST BE NOTIFIED OF THE ARRIVAL OF HIS LUMBER.</h2>
-</div>
-
-<p class='c008'>Question—Is a railroad company obliged to notify the consignee
-of the arrival of lumber when it is billed and the bill of
-lading reads: “Order of shipper, notify consignee,” and if the
-carriers fail to notify the consignee, have they the right to charge
-demurrage or storage for the lumber so held? Would it make any
-difference if the lumber were billed direct to the consignee and
-were not an “Order notify shipment?” Have the courts made any
-rulings of this matter, and where can we find them?</p>
-
-<p class='c013'><span class='pageno' id='Page_31'>31</span>Reply: A railroad company is, of course, bound to comply
-with the undertaking set forth in its own bill of lading.
-If it accepts goods to be carried and delivered under a bill
-which expressly directs it to “notify the consignee” there is
-no ground upon which it can escape its obligation actually to
-notify the consignee except the impossibility of finding him
-by the ordinary means. If the consignee can readily be found
-the carrier has not fulfilled the task which it has expressly
-and in definite terms undertaken to fulfill until it has found
-him and notified him. It has no right to charge demurrage
-or storage until such notification has been duly given. If
-the consignee cannot be found by the exercise of reasonable
-diligence then the attempt to find him will serve the carrier
-as well as an actual notification. If the bill of lading does
-not, in express terms, direct the carrier to notify the consignee
-this duty still rests upon the carrier by common law
-as it is interpreted in this State. In some States (Massachusetts,
-for example) the carrier is not bound to notify the
-consignee of the arrival of his goods unless the contract of
-carriage expressly so directs. But in New York the courts
-hold that this is one of the carrier’s duties, as carrier, without
-any special stipulation regarding it. This is the rule, as
-the courts of New York have announced it. “The rules as to
-the delivery of goods at their place of destination by a carrier
-that prevail in this State are as follows: If the consignee
-be present upon the arrival of the goods, he must take them
-without unreasonable delay. If he be not present, but live at
-or in the vicinity of the place of delivery, the carrier must
-notify him of the arrival of the goods, and then he has a
-reasonable time to remove them. If he be absent, unknown,
-or cannot be found, then the carrier can place the goods in
-its freight house, and if the consignee does not call for them
-in a reasonable time, its liability as a common carrier ceases.”</p>
-
-<p class='c014'><b>Opinion No. 25.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>OBTAINING CERTIFICATES PERMITTING FOREIGN CORPORATIONS TO DO BUSINESS IN NEW YORK.</h2>
-</div>
-
-<p class='c008'>A previous opinion contained some information regarding foreign
-corporations obtaining certificates to do business in New York.
-The following additional information, from our attorney in New
-York, Mr. Eustace Conway, 15 William Street, regarding amendments
-effective November 1st, will be interesting:</p>
-
-<p class='c011'>There went into effect on November 1st, 1906, various important
-amendments to the corporation Tax Law. The annual
-<span class='pageno' id='Page_32'>32</span>franchise tax is placed on a different basis from what it has been
-heretofore for foreign corporations, and the license tax which foreign
-corporations have to pay for doing business in this State is
-also changed as to its method of determination. Under the new
-law the measure of amount of capital stock employed in this State
-(on which the tax of ⅛ of 1 per cent. is to be paid for this corporation
-license to do business here) is to be such a proportion of
-the issued capital stock as the gross assets employed in any business
-within this State bear to the gross assets wherever employed
-in business. As no action shall be maintained in any of the courts
-of this State by such foreign corporation without obtaining a receipt
-for this license fee, it is important to foreign corporations expecting
-to do business here to comply with the statute and take out the
-certificate. This tax, of course, is only to be paid once for the
-license, unless later an increased amount of capital stock is employed
-in the State, but this is not likely to occur. The annual franchise
-tax is, of course, a different tax, but it is based on the same proportion,
-except that the amount of dividends is also to be considered.</p>
-
-<p class='c014'><b>Opinion No. 26.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>THE NEW JERSEY LIEN LAW PROTECTS MATERIAL MEN.</h2>
-</div>
-
-<p class='c008'>Question—Please state whether or not, under the laws of the
-State of New Jersey, a seller of building materials comes in under
-the mechanics’ lien law the same as the man selling his labor.</p>
-
-<p class='c013'>Reply: Persons furnishing materials for the erection of
-a building are called “material men” in the Mechanics’ Lien
-Law of New Jersey, and they have a lien which is protected
-like that of a laborer. The first section of the law provides
-that “every building hereafter erected or built within this
-State shall be liable for the payment of any debt contracted
-and owing to any person for labor performed or materials
-furnished for the erection and construction thereof, which
-debt shall be a lien on such building, and on the land whereon
-it stands.” It is further provided, in a later section, that
-“whenever any master-workman or contractor shall, upon
-demand, refuse to pay any person who may have furnished
-materials used in the erection of any such house or other
-building—it shall be the duty of such—material man to give
-notice in writing,” etc. As a result of this notice his lien
-attaches and his claim is protected.</p>
-
-<p class='c014'><b>Opinion No. 21.</b></p>
-
-<div class='chapter'>
- <span class='pageno' id='Page_33'>33</span>
- <h2 class='c004'>OBLIGATION OF CARRIERS AS TO NOTICE OF ARRIVAL TO CONSIGNEE.</h2>
-</div>
-
-<p class='c008'>Question—Is a railroad company, which has accepted lumber for
-transportation to a certain point, legally obligated to notify the consignee
-at the respective point of the arrival of lumber?</p>
-
-<p class='c013'>Reply: The law relating to the obligation of a railroad
-company to notify the consignee of the arrival of the lumber
-at the point of destination is not uniform in all the States.
-The rule adopted in New York and in most of the States is
-that the carrier must give notice of arrival to the consignee,
-and that until notice is given, or a reasonable effort to give
-notice is made, the carrier’s liability as carrier continues in
-force.</p>
-
-<p class='c014'><b>Opinion No. 28.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>BUYERS’ POSITION WHERE, ON ARRIVAL, LUMBER IS NOT IN ACCORDANCE WITH CONTRACT.</h2>
-</div>
-
-<p class='c008'>Question—A has sold to B a carload of lumber to be delivered
-on or before November 24, payment cash promptly after arrival
-and examination. The lumber arrives on the 24th, and A gives on
-that day to B an examination order for the lumber, which examination
-order B accepts. B uses proper diligence in trying to examine,
-but, owing to congestion of cars at the depot the lumber is
-not unloaded for several days, and he can only examine it on the
-28th. He finds it to be of a quality inferior to the grade contracted
-for and rejects it, and his rejection is sustained by arbitration.
-B claims the right to go into the market on the 28th, buy a
-carload of lumber of the grade contracted for and demand from
-A the difference between the contract price and the price paid by
-him on the 28th. A maintains that he can only be held responsible
-for the difference between the contract price and the ruling market
-value on November 24, the last date stipulated in the contract.
-Who is right?</p>
-
-<p class='c013'>Reply: This lumber was sold for delivery at the buyer’s
-end of the route, the purchase price was to be paid only after
-arrival and examination. The carrier was an agent of the
-seller, and he did not give the buyer an opportunity to make
-examination until November 28. No valid delivery was
-made, or could have been made, before November 28, inasmuch
-as an examination by the buyer was to precede such
-delivery. When delivery was tendered on November 28 the
-<span class='pageno' id='Page_34'>34</span>lumber was found to be such as the buyer was at liberty to
-reject. He was, accordingly, authorized to go into the market
-on that day and buy at the price then prevailing in order
-to place himself in as good a position as he would have been
-in if the seller had done his duty and had not been guilty of
-a breach of contract. The buyer has a right to demand that
-the seller shall place him in this position.</p>
-
-<p class='c014'><b>Opinion No. 37.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>LIABILITY OF TRANSPORTATION COMPANY IN DELIVERING WITHOUT SURRENDER OF BILL OF LADING.</h2>
-</div>
-
-<p class='c008'>Question—Can a transportation company be held responsible
-for delivering a shipment of lumber to a consignee without surrender
-on the part of the consignee of signed bill of lading, originally
-issued when shipment was made?</p>
-
-<p class='c013'>Reply: Until lumber shipped has been completely delivered
-to the person entitled to receive it, the bill of lading
-represents the lumber, but no longer. The transfer of a bill
-of lading passes the title of the transferor to the transferee.
-If, therefore, a transportation company delivers the shipment
-to consignee without a surrender of the bill of lading it is
-liable to a person who has obtained a valid title to the shipment
-by transfer of the bill of lading from the consignee.</p>
-
-<p class='c014'><b>Opinion No. 29.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>IF NO SPECIFIC TIME OF SHIPMENT IS NAMED A REASONABLE TIME IS UNDERSTOOD.</h2>
-</div>
-
-<p class='c008'>Question—On October 25th we bought of a manufacturer a
-carload of lumber through their agent. On the 30th we received
-confirmation of the order. Nothing was said about the time of
-shipment, except that in sending the sizes on October 26th, we told
-them to “ship at once.” On November 1st they wrote that they
-would ship it “the coming week.” No part of it has been shipped
-yet. We could have disposed of the carload during this time at a
-very good profit. During all this time we have been completely out
-of this kind of lumber. Have we a just claim for damages?</p>
-
-<p class='c013'>Reply: It does not appear whether the confirmation
-received by the buyers on October 30 was sent by the sellers
-before or after their receipt of the instruction to “ship at
-once.” The only importance of this point is this: If the
-<span class='pageno' id='Page_35'>35</span>sellers confirmed the order after receiving the instruction to
-“ship at once,” they were bound to ship at once. If they
-confirmed the order before receiving this instruction, then
-the instruction formed no part of the contract, and is not
-to be taken into account; in that case the sellers were bound
-simply to ship the lumber within a reasonable time—within
-the time within which these sizes commonly are shipped. If
-they have not done so, they are guilty of a breach of contract
-and the buyers may recover any damages the breach has
-caused them. They are entitled to be placed by the sellers in
-as good a position as they would be in if the sellers had carried
-out their contract according to its terms. The letter of the
-sellers of November 1, saying they would ship the goods “the
-coming week,” forms no part of the contract. The agreement
-was made before that letter was written, and it is binding
-as originally made. The letter is of importance, however,
-as showing an estimate of the sellers themselves as to what
-was a reasonable date of shipment. The letter is not binding
-upon the buyers, if they can prove that an earlier date would
-have been reasonable; but it is binding upon the sellers, who
-wrote it.</p>
-
-<p class='c014'><b>Opinion No. 36.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>ONE WHO BUYS LUMBER IS LIABLE THOUGH HE TRANSFERS IT BEFORE DELIVERY.</h2>
-</div>
-
-<p class='c008'>Question—An individual buys a carload of lumber for future
-delivery and before it is delivered he forms a partnership with two
-other persons and turns the order over to the firm. Delivery of
-the lumber is made to this firm. Please say whether the individual
-is liable, or only the partnership. It is a limited partnership and
-the buyer has only a certain definite amount at stake with it.</p>
-
-<p class='c013'>Reply: This is simply the case of an individual who has
-purchased goods and then has sold or transferred them before
-they have come into his actual possession. Such cases,
-that is, of a second sale before delivery to the first purchaser,
-are very common, and the original purchaser remains liable
-precisely as if delivery has been made to him and he had
-afterward disposed of the goods as he saw fit. In the case
-our correspondent puts the seller may look to the first buyer
-unless he has agreed to release him and look to the firm.</p>
-
-<p class='c014'><b>Opinion No. 38.</b></p>
-
-<div class='chapter'>
- <span class='pageno' id='Page_36'>36</span>
- <h2 class='c004'>A LUMBER SALESMAN GENERALLY HAS NO POWER TO BIND HIS PRINCIPAL.</h2>
-</div>
-
-<p class='c008'>Question—One of our traveling salesmen has just sent in a
-larger order than we feel safe in filling for that particular customer
-on the liberal terms of credit allowed him in the same contract.
-Are we compelled to fill the order, or may we reject it without
-incurring any legal liability?</p>
-
-<p class='c013'>Reply: Ordinarily a traveling salesman is authorized
-merely to take orders and submit them to his principal for
-acceptance or rejection. He has no power to bind his employer
-irrevocably by a contract of sale. Our correspondents
-are justified in refusing to fill an order sent in by their salesman
-unless the latter was expressly authorized to make a
-valid and binding sale upon his employers’ behalf, or unless
-traveling salesmen are usually clothed with this power. In
-the latter case each salesman will be presumed to have the
-powers usually possessed by men of this class, unless the
-buyer had notice of a limitation upon this general and usual
-power in the case of the salesman with whom he was dealing.</p>
-
-<p class='c014'><b>Opinion No. 35.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>USING LUMBER WITHOUT CONSENT OF SHIPPER WHERE QUALITY IS DISPUTED.</h2>
-</div>
-
-<p class='c008'>Question—We shipped a carload of lumber to a party and they
-complained of the quality and refused to settle in full. We insisted
-upon a settlement in accordance with invoice, or re-inspection of
-the entire carload by an inspector that would be satisfactory to
-both parties. We sent a man to look at the lumber and found that
-it was put in a dry kiln without our consent, and this, of course,
-prevented an inspection of the lumber in its original condition. Are
-we correct now in insisting upon a settlement in full as invoiced,
-and can we maintain our action in a lawsuit?</p>
-
-<p class='c013'>Reply: If your lumber was received by the company
-and, without authorization from you they put it in the dry
-kiln, so as to prevent your examining it or taking it back,
-they would be liable to you for the invoice price. They cannot
-accept the lumber, use it and then refuse to pay. By their
-acceptance they waive any defects in quality or quantity,
-which can be ascertained upon an inspection of the lumber
-upon arrival. They do not waive any defects that are what
-we call “latent,” that is, that are not readily ascertainable
-<span class='pageno' id='Page_37'>37</span>upon an examination of the lumber on arrival, but only show
-after the lumber may be put in use. As we take it, such
-complaints as have been made relate to alleged defects which
-they ascertained as soon as they received the lumber. In
-that case they had no legal right to use it, and if they used it,
-they are liable for the invoice price.</p>
-
-<p class='c014'><b>Opinion No. 34.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>IN AN F. O. B. SALE, SHIPPING POINT, THE CARRIER IS THE BUYER’S AGENT.</h2>
-</div>
-
-<p class='c008'>Question—If I buy goods f. o. b. point of shipment and part
-of the goods invoiced are lost in transit can the consignor enforce
-payment for the goods not received?</p>
-
-<p class='c013'>Reply: When goods are bought f. o. b. place of shipment
-they are delivered to the buyer at the place of shipment.
-Title to the goods passes to the buyer as soon as
-delivery is made to the carrier and the carrier is an agent
-of the buyer to bring his goods to him. If the goods are lost
-on the way the buyer must pay for them, just as if they had
-reached him; they have reached his agent and have been
-delivered to him, and that is all the buyer can ask. When
-goods are sold the presumption always is that the buyer is to
-take charge of them in the place in which they are at the
-time of the sale. There is no presumption that the seller
-is to carry the goods to any place the buyer may select and
-deliver them to the buyer there. The seller may do this, of
-course, and he frequently does do it; but he is never bound
-to do it unless he has expressly so agreed. If the buyer,
-in any case, declared that the goods were to be brought to
-him by the seller he must show some clause in the contract
-that has this meaning; in the absence of such a clause the
-buyer, either in person or through an agent, is to take possession
-of the goods in the place they occupy at the time of
-the sale. The words, “free on board,” are sufficient to prevent
-the seller from making a good delivery while the goods
-are in his own warehouse, as he otherwise might do. These
-words place upon him the duty of taking the goods to the boat
-or cars and meeting the expenses necessary actually to start
-them on their way; but when this much is done the seller’s
-whole duty is done. The goods then belong to the buyer
-and have been delivered to him; that is all that is necessary
-to raise an obligation on his part to pay for them.</p>
-
-<p class='c014'><b>Opinion No. 33.</b></p>
-
-<div class='chapter'>
- <span class='pageno' id='Page_38'>38</span>
- <h2 class='c004'>BUYERS CAN INSIST THAT LUMBER, PURCHASED ON CREDIT, BE DELIVERED.</h2>
-</div>
-
-<p class='c008'>A retailer says: “Lumber was sold to us by a special written
-contract on a six months’ credit, the lumber to be ordered out as
-fast as we saw fit. We have taken a little more than half and only
-about two of the six months have expired. We order another
-small shipment to be made. The seller replies that he will send this
-car, but that he can make no more deliveries unless we are ready
-to discount part, at least, of our bill. He says that he has already
-extended credit to us as far as he feels justified in doing. He seems
-to pay no attention to the contract, under which we were entitled
-to order out all of the lumber at once, or in such shipments as
-suited us, and were to have a credit upon the whole bill of six
-months. Will he be sustained in the stand he has taken? If we
-have a remedy please say what it is?”</p>
-
-<p class='c013'>Reply: When lumber has been sold and part of it delivered,
-it is too late for either the buyer or the seller to alter
-the contract without the consent of the other. If the sale is
-upon credit, as in this case, the terms of credit are such as
-have been agreed upon in the beginning. Either the buyer or
-the seller may ask, of course, to have the terms changed before
-all of the deliveries have been made, but if the other does
-not agree to the change the contract must be performed as it
-was made. It would be as reasonable for the buyer to refuse
-to accept the remainder of the lumber unless the terms of
-credit were made more favorable to him, as for the seller to
-refuse to continue his deliveries as agreed unless his new proposal
-as to credits were accepted. If the seller, in the case
-our correspondents put, refuses to go on with the contract in
-its original form, the buyers will have the same remedy they
-would have had if no deliveries at all had been made. They
-may go into the open market, when the time for delivery
-arrives, buy lumber enough to finish out the contract, and then
-hold the seller for such amount as they are compelled to pay
-over and above that named in the contract. Or, if they do
-not choose to do that, they may establish the amount of the
-loss arising from the seller’s breach of contract in any way in
-which it can be shown to the satisfaction of a jury and collect
-the damages so established. Or the buyers may cancel the
-remainder of the contract if they prefer that course. There
-is only one exception to this rule. Any one who has bought
-goods on credit is bound by an implied agreement to keep his
-credit good, and if he fails to do so he cannot require the
-seller to deliver the goods. Accordingly, if a buyer, before all
-of the lumber is delivered, shows an inability to pay any just
-<span class='pageno' id='Page_39'>39</span>claim in the ordinary course of business, when it falls due,
-those who have sold him on credit may lawfully refuse to
-go on with the deliveries and the buyer will have no remedy.</p>
-
-<p class='c014'><b>Opinion No. 39.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>ONE CUSTOMER CANNOT DEMAND THAT CREDIT BE EXTENDED TO ANOTHER.</h2>
-</div>
-
-<p class='c008'>Question—Lumber corporation No. 1 bought from lumber corporation
-No. 2 several carloads of lumber for future delivery. Corporation
-No. 1, before the agreed time of delivery, commenced proceedings
-of dissolution. Out of corporation No. 1, however, a
-new corporation, No. 3, was formed. Corporation No. 3 now
-demands of corporation No. 2 that they deliver this lumber. No. 2
-declines on the ground that the personal, as well as the financial,
-standing of the new corporation is entirely changed. Do you think
-that corporation No. 2 has a legal right to do this? Where the word
-corporation is used we mean that one company is incorporated under
-the laws of one State, while the other two companies are existing
-under charters from different States.</p>
-
-<p class='c013'>Reply: If any person or corporation has been willing
-to extend credit to corporation No. 1 that same person or
-corporation cannot for this reason be compelled to extend
-credit to corporation No. 3, or to any other person or corporation.
-If a corporation has bought goods and paid for
-them it may assign its right under that contract, which is
-simply a right to demand delivery of the goods to another
-corporation; but if it has bought goods on credit, and has
-then gone into dissolution, it cannot demand that the credit
-of any other corporation be substituted for its own.</p>
-
-<p class='c014'><b>Opinion No. 40.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>GIVING A BAD CHECK DOES NOT PREVENT DISCHARGE IN BANKRUPTCY.</h2>
-</div>
-
-<p class='c008'>Giving a worthless check for goods and disposing of them immediately
-is not a ground for refusing a discharge from bankruptcy.
-Judge Hough of the United States District Court has recently
-granted a discharge to a party who filed a petition in bankruptcy
-on October 24, 1906, with liabilities of $11,577 and no assets. His
-discharge was opposed by a creditor, who said that on June 6, 1892,
-the debtor bought $1,964 worth of goods, giving a check in payment,
-<span class='pageno' id='Page_40'>40</span>which was deposited in bank and came back marked “no
-funds.” The creditor went at once to debtor’s place of business
-and found that he had sold out and left the city. When debtor’s
-application for a discharge came up for a hearing he excepted to
-the specifications of objections, and Judge Hough sustained the
-exception on the ground that the objections are not within the
-statutory list.</p>
-
-<p class='c014'><b>Opinion No. 41.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>WHAT IS CONVEYANCE ON F. O. B. SHIPMENT?</h2>
-</div>
-
-<p class='c008'>Question—What is the meaning of f. o. b. Philadelphia, Pa.?
-What is the meaning of f. o. b. cars Philadelphia, Pa.? Is there
-any difference between the two above? If so, what is it?</p>
-
-<p class='c009'>2.—In selling goods f. o. b. New Orleans, and same are delivered
-alongside of steamer, does the shipper or consignee have to
-pay cost of handling charges in transferring from cars to steamer;
-that is, on goods shipped from New York to New Orleans.</p>
-
-<p class='c013'>Reply: (1) When goods are sold f. o. b. place of shipment
-the meaning is that the seller, for the amount named in
-the contract, will supply the goods and will bear the expense
-of delivering them on board that conveyance which is to carry
-them to their destination. The only difference between the
-two phrases set down above is that the latter binds the seller
-to deliver the goods on the cars at Philadelphia without any
-expense to the buyer; while the former binds him to deliver
-them at his own expense on some conveyance not yet specified,
-which will carry them to the buyer.</p>
-
-<p class='c013'>(2) If goods are sold f. o. b. New Orleans, and they
-are to be carried to the buyer at some other place in a steamer,
-all expenses necessary to deliver them aboard the steamer are
-to be borne by the seller. The conveyance on board which
-the goods are to be delivered is that which is to take them to
-their destination. If goods are to be carried to a buyer on
-a steamer there is no reason why he should bind the seller
-to load them on freight cars and make a tender of them there.</p>
-
-<p class='c014'><b>Opinion No. 42.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>FAILURE TO DELIVER ONE INSTALLMENT CAUSE FOR CANCELLING ORDER.</h2>
-</div>
-
-<p class='c008'>Question—We purchased a quantity of lumber to be shipped in
-February, March and April in equal monthly shipments. The first
-<span class='pageno' id='Page_41'>41</span>shipment has not been made in February and we would like to
-know whether this entitles us legally to cancel the entire contract
-or only the February lot. In other words, does the breaking of a
-contract in one instance cancel the entire contract?</p>
-
-<p class='c013'>Reply: When goods are to be delivered in instalments
-the courts of this State hold that the seller’s failure to deliver
-one instalment justified the buyer in refusing to accept that
-tender and also in rescinding so much of the contract as is
-yet unfulfilled. It is one contract, not several, and the seller
-cannot insist on a right to deliver only such instalments as
-he finds it convenient to deliver and to have them accepted.
-The buyer has not agreed to pay anything at all for part of
-the goods. His contract is that he will pay a certain amount
-for all of them. If he is not to have all of them, it is quite
-conceivable, and is often a fact that any part less than all is
-of very much less than proportionate value to him; it may
-have practically no value to him at all. In any event, the
-seller has agreed to do a certain service and the buyer has
-agreed to pay a certain sum of money. The court will not
-infer from that an obligation to pay half the money for half
-the service or to accept half the service on any condition, if
-the other half is to be, or has been, withheld.</p>
-
-<p class='c014'><b>Opinion No. 43.</b></p>
-
-<p class='c008'>Question—A customer places an order with the mill for November,
-December, January and February, proportionate shipments.
-The mills are unavoidably delayed in executing the order, but are
-finally able to make shipment of practically the whole order in
-February. The customer refuses to pay invoices for all the goods
-shipped in February, but claims dating on proportionate amounts
-in April, May and June. Is he justly or legally entitled to the dating
-and could he hold the goods subject to sellers’ order?</p>
-
-<p class='c013'>Reply: There seems to have been no clause in this contract
-releasing the mill in case of such a delay as has occurred.
-In the absence of such a clause the buyer was justified in
-refusing to accept the goods when all of them were shipped
-in February. He is entitled to hold the goods subject to the
-seller’s order, or to return them. He cannot, however, force
-another contract upon the seller than that which was actually
-made. The mill may take back its goods or allow the buyer
-to accept them upon such new terms as may be agreed upon.
-The buyer is justified in receiving the original contract. This
-is upon the supposition that the buyer has not during the
-past four months said or done anything to lead the seller
-<span class='pageno' id='Page_42'>42</span>to suppose that he was satisfied with the delay, that he would
-accept all of the goods as readily in February as if shipment
-had been made in strict accordance with the terms of sale. If
-he has done that he is estopped now from making any objection
-to the tender.</p>
-
-<p class='c014'><b>Opinion No. 44.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>AMOUNT OF CLAIM FOR DAMAGE AGAINST CARRIER.</h2>
-</div>
-
-<p class='c008'>Question—We made a shipment via two connecting railroads.
-When it reached a junction prior to delivery at destination, i. e.,
-a point on the second road, was badly or entirely damaged in a
-wreck, and our customer asked that we immediately replace the
-shipment, which we did, and made another shipment of the same
-kind of lumber four days later, but in the interim between the
-time of the first shipment and the time we received the replacing
-order from the customer, the price advanced, and in our second
-invoice we naturally charged the customer for the advance. The
-claim department of the railroad now offers to settle with us at
-the original invoice price of the first shipment and declines to entertain
-a settlement at the advanced price. We claim that our
-position is entirely legal in the matter, and that we are entitled to
-the advanced price for the shipment that was lost, the same representing
-the value of the goods at the time the goods were destroyed.</p>
-
-<p class='c013'>Reply: Usually the measure of damages in a case of this
-kind is based upon the value of the goods at the time and
-place and in the condition in which they ought to have been
-delivered; the freight is to be deducted from this, if it has
-not been prepaid, and then interest is to be added from the
-day on which delivery ought to have been made to the day
-of payment; there is to be added also any expense to which
-the owner of the goods has been put as a necessary and natural
-result of the loss. What the carrier is bound to do is
-to put the owner of the goods as nearly as possible in the
-same position he would have occupied if the carrier had
-done his full duty in the first place. If the carrier had done
-his duty the owner could have sold the goods at the market
-price on the day of delivery at the place of delivery, he would
-have had the interest on the money thereafter, he would
-have escaped all incidental expenses arising out of the loss,
-and he would have been called upon to pay freight to the
-carrier, if it had not been paid in advance. There is only one
-exception to the rule that is at all common. If the goods
-have already been sold for delivery at destination, at a price
-<span class='pageno' id='Page_43'>43</span>less than that which chances to prevail when the day of delivery
-arrives, and if the carrier, at the time of shipment, had
-actual or constructive knowledge of this fact, then the owner
-can demand only the selling price with interest. In that case,
-if the carrier had done his duty, the owner would have
-obtained for his goods, not the market price, but only the
-contract price. Whether the carrier had or had not notice
-of the sale makes a difference in this respect; that a carrier
-is not to be held for a larger loss than he had in contemplation
-when the freight rate was fixed and the degree of care
-demanded of him was settled. If he had no knowledge of
-the sale, actual or constructive, he is bound for damages
-based upon the market price, as in the other case. The fact
-that other goods at a different price were sent to replace the
-lost shipment does not enter into the matter.</p>
-
-<p class='c014'><b>Opinion No. 46.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>RISK IN SENDING CHECK TO DRAWER’S BANK FOR CERTIFICATION.</h2>
-</div>
-
-<p class='c008'>Question—We received a check from one of our customers and
-sent it to the customer’s bank for certification. The bank failed before
-the end of the next day and our check was not paid. Can
-we not return it to the maker and demand the face of it from
-him?</p>
-
-<p class='c013'>Reply: If the drawer of the check in this case had sufficient
-money on deposit to meet it our correspondents have
-no other recourse except against the assets of the insolvent
-bank; the depositor is discharged. The usual rule is that
-when a check is delivered that is drawn upon a bank in the
-same place in which the payee resides the drawer guarantees
-the solvency of the bank during the remainder of the day on
-which the check was delivered and the whole of the next day.
-The holder has this much time in which to present the check
-and draw the money; if the bank fails meanwhile the loss is
-upon the drawer of the check and the holder takes the risk
-of failure after the second day. But this rule does not apply
-when the holder of the check takes it to the bank and has it
-certified before the end of the next day after he receives it.
-Certification binds the bank and releases the drawer. So far
-as the drawer and holder are concerned, the effect is precisely
-the same as if the holder had drawn the money and had then
-deposited it to his own credit in the same bank.</p>
-
-<p class='c014'><b>Opinion No. 45.</b></p>
-
-<div class='chapter'>
- <span class='pageno' id='Page_44'>44</span>
- <h2 class='c004'>A CONTRACT MAY BE CANCELLED WHEN ONE PARTY IS GUILTY OF BREACH.</h2>
-</div>
-
-<p class='c008'>Question—Lumber has been sold for delivery in installments
-running through a considerable period. Payments are to be made
-in installments also. The buyer has been very lax in this regard,
-however; he has not made a single payment strictly on time, and in
-some cases has delayed until the seller has been compelled to
-threaten suit. Is the seller bound to go on making deliveries to the
-end of the time named in the contract, getting his money whenever
-and however the tardy buyer sees fit to pay it?</p>
-
-<p class='c013'>Reply: If a seller agrees to deliver the goods at certain
-times, and the buyer agrees to pay for them in installments
-at given dates, each promise is a consideration for the other.
-If either the buyer or the seller fails to do his full duty under
-the contract he is in no position to demand that the other shall
-do what he has agreed to do. In other words, as soon as
-either is guilty of any breach of the contract the other may
-declare the whole agreement at an end; he may refuse to do
-anything further under the contract himself, and may demand
-damages of the person who was guilty of the breach. If a
-buyer fails to meet any payment promptly when it is due, the
-seller, if he chooses to do so, may immediately rescind the
-contract and bring suit for the unpaid installments and for
-damages. If he had not this privilege he might be compelled
-to go on for months delivering his goods to one who had
-already shown his unwillingness or inability to make good his
-promise of payment.</p>
-
-<p class='c014'><b>Opinion No. 47.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>LUMBER ON A CONSIGNEE’S SIDE-TRACK IS IN CUSTODY AND AT THE RISK OF THE CONSIGNEE.</h2>
-</div>
-
-<p class='c008'>Question—When does the railway’s liability end and the consignee’s
-begin on lumber delivered in cars on the consignee’s side-tracks;
-i. e., if a carload was burned in forty-eight hours after being
-placed for the consignee, would the loss fall on the transportation
-company or the consignee?</p>
-
-<p class='c013'>Reply: When a carload of merchandise is delivered upon
-the consignee’s own side-track and the consignee has notice,
-express or implied, of that fact, then all liability of the railroad
-company for the safety of the merchandise ceases at
-once. The goods are still in the company’s cars, but that is
-not sufficient to make the company liable, for the cars themselves
-<span class='pageno' id='Page_45'>45</span>are in the custody of the consignee and upon his premises.
-The goods have been delivered to the consignee, and
-that is the last of the duties the carrier undertook to perform.
-A railroad company cannot be expected, and in some cases
-would not be allowed, to place its watchmen in private
-freight yards and to extend over and through those yards its
-system of protection against fire. When cars containing goods
-have been delivered upon the consignee’s premises the goods
-themselves have been delivered there. The carrier is no
-longer liable, either as carrier or as warehouseman and the
-courts have so decided.</p>
-
-<p class='c014'><b>Opinion No. 48.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>WHERE A SELLER REFUSES TO MAKE DELIVERIES, BUYER CAN PROTECT HIMSELF.</h2>
-</div>
-
-<p class='c008'>Question—A places a contract with B for future delivery of
-lumber beginning in October; B, for certain reasons, does not care
-to deliver this contract. A has the opportunity to buy the identical
-goods for the same delivery from competitors at the same price,
-after being notified by B that he does not care to deliver this contract.
-Does the fact that A has the opportunity to cover himself
-on the same conditions release B of damages arising from non-delivery
-of the contract, or can A wait until the time of delivery
-before buying goods in the open market against the contract of B
-which the latter refuses to deliver?</p>
-
-<p class='c013'>Reply: If B is under contract to deliver goods to A in
-October, and if, before October, he notifies A that he does
-not intend to fulfill his contract obligation, A may accept that
-statement as final and protect himself at once. He may make
-other arrangements for an October delivery and compel B
-to pay the loss, if any, or he may sue at once for breach of
-contract. The buyer is not bound to pursue this course, however.
-He may act upon the supposition that, upon further
-consideration of the matter, the seller will conclude to do his
-duty after all; and so the buyer, A in this case, may wait
-till the time arrives for the October delivery, and may then
-buy goods to replace those that the seller ought to have delivered,
-holding the seller liable for the loss, if any, or he
-may then sue for breach of the contract. If this costs the
-seller more than the other plan might have cost him, the
-fault is his own. He will not be heard to complain because
-the buyer has taken it for granted that he really would
-perform his contract obligation when the time arrived, in
-spite of his previous statement that he did not intend to do
-so.</p>
-
-<p class='c014'><b>Opinion No. 49.</b></p>
-
-<div class='chapter'>
- <span class='pageno' id='Page_46'>46</span>
- <h2 class='c004'>ALL CONDITIONS OF A CONTRACT MUST ACTUALLY BE EMBODIED IN THE CONTRACT.</h2>
-</div>
-
-<p class='c008'>Question.—The following is a general form that is frequently
-printed across the top of the letter heads of manufacturers: “All
-agreements are contingent upon fires, strikes, delays of carriers,
-accident and other contingencies beyond our control.” What effect
-does this have on a contract when such letter heads are used when
-quoting prices and when accepting the order?</p>
-
-<p class='c013'>Reply: Any provision that is intending to form part of a
-contract ought to be introduced into it in express terms or
-else referred to so that there can be no mistake regarding it.
-In the particular case under consideration the clause should be
-incorporated in the contract or acceptance, or the contract
-should state that the sale is made subject to the terms and
-conditions printed across the top of the paper. Either one
-of these would be a simple, easy procedure and would remove
-all doubt. A contract usually begins with the name of the
-place and a date, or with the names of the parties; and it
-ends with one or more signatures. Both parties are bound
-by all that lies within these limits and by everything beyond
-that is referred to as forming part of the agreement; but
-neither party is, as a rule, expected to look anywhere else—even
-around the margins of the same paper—to ascertain
-his rights and liabilities. It may be possible, in some cases,
-to make a provision printed on the margin of the paper containing
-the contract part of the contract itself, but there is
-always more or less doubt upon this point, and no doubt
-should be left where it is so easy to make the meaning plain.
-If the marginal printing is to be useful at all it will be
-mainly in connection with a statement that the contract was
-made subject to a certain usage of the business, or a certain
-custom of that particular house, and that this custom was
-well known to the buyer; as proof of this fact the words
-across the top of the paper would be useful.</p>
-
-<p class='c014'><b>Opinion No. 50.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>A CARRIER IS LIABLE FOR ANY LOSS CAUSED BY HIS DELAY IN DELIVERING GOODS.</h2>
-</div>
-
-<p class='c008'>Question.—Inform us what recourse we would have against a
-railroad for a shipment of lumber from Buffalo to New York,
-which has already been on the road eighteen days, as shown by the
-shipping documents, and has not arrived yet. In the meantime the
-market dropped some 10 per cent. in price. This lumber was
-bought f. o. b. Buffalo.</p>
-
-<p class='c013'><span class='pageno' id='Page_47'>47</span>Reply: A carrier is bound, not only to deliver the lumber
-entrusted to him for carriage, but to deliver it with reasonable
-promptness. The courts recognize the fact that promptness
-of delivery has an importance second only to the fact of
-delivery itself. What is to be held as constituting reasonably
-prompt delivery is to be decided in accordance with nature
-of the goods and all the circumstances of the particular case;
-it is such delivery as carriers of the kind in question, carriers
-by rail or vessel, as the case may be, ordinarily make
-in handling goods of the same kind as those in question.
-When the time arrives for delivery to be made, under this
-rule, and the goods are not delivered the consignee is entitled
-to sue for their value at destination on the day on which
-delivery ought to have been made. If the carrier is able to
-deliver the goods, and offers to do so, at any time before he
-has been required to pay for them as goods lost, the consignee
-cannot refuse to accept them and still recover their full value.
-He is bound to accept the goods whenever they are tendered,
-no matter how great the delay may have been; but in such
-a case he still has a valid claim for any loss he may have sustained
-as a result of the delay. His damages are at least as
-great as that amount by which the market value of the goods
-on the day of delivery is below their market value on the day
-on which delivery ought to have been made; to this is to be
-added any other loss or expense brought upon him as a
-direct result of the carrier’s delay.</p>
-
-<p class='c014'><b>Opinion No. 13.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>THERE IS NO REMEDY AFTER ACCEPTING LUMBER.</h2>
-</div>
-
-<p class='c008'>Question.—I purchased some lumber from a party in New York
-State at a given figure f. o. b. shipping point, and had it forwarded
-by the railroad company according to my instructions. Upon arrival
-my customer reported to me a shortage of several hundred feet,
-of which I in turn notified the party from whom I bought. He
-stated that he hardly thought such a shortage was possible and
-asked me to retally the lumber. I communicated with my customer,
-who told me that the shortage reported was correct, and that
-he had used up the lumber as he was in need of the lumber, although
-I requested him to hold it intact. My customer in settling
-with me deducted for the full amount of the shortage,
-whereas the party who sold to me refuses to accept settlement on
-this basis, offering me an affidavit from his shipper that the quantity
-alleged to have been shipped by him was correct. Am I compelled
-according to the New York court rulings to remunerate the
-<span class='pageno' id='Page_48'>48</span>party who sold to me as per his invoice? He claims that the lumber
-ceased to belong to him when he placed it at the railway company’s
-depot subject to my instructions. For this reason he demands
-full payment. I am in a position to furnish an affidavit
-from the party to whom I sold the lumber to the effect that the
-shortage actually occurred at destination, although the lumber was
-received in good condition.</p>
-
-<p class='c013'>Reply: This lumber was sold f. o. b. shipping point and
-it is true, as the seller says, that title passed to the buyer at
-that point. This fact, however, does not excuse the seller
-for delivering short count or tally, if he made such delivery.
-He undertook to deliver a certain quantity of goods at the
-shipping point, and his contract obligation was not fulfilled
-unless he delivered that quantity. It does not appear, however,
-that the contract was such as to allow the buyer to
-accept less than the quantity sold at a pro rata price. As the
-contract is described to us, it was a sale of a definite quantity
-for a stipulated price, with no other provision. That being the
-case, the buyer, when tender was made to him had no choice
-other than to accept the tender as satisfactory, or else to
-reject it and claim damages for breach of contract. He did
-accept the goods and he used them. It is too late now for
-him to say that the tender was in any respect unsatisfactory.
-The buyer might have rejected the goods on account of short
-tally, and then he could either have claimed damages for
-breach of contract, as we have suggested, or he could have
-communicated with the seller, offering to take the shipment
-at less than the contract price—could have made a new contract,
-in short. He did neither. He accepted the goods. He
-will not be heard now to say that they were, in any respect,
-not such goods as the contract called for. Our correspondent
-can be compelled to pay for these goods the full contract
-price, and the person to whom he sold them can be compelled
-to do the same.</p>
-
-<p class='c014'><b>Opinion No. 31.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>PROPOSED FREIGHT RATE ADVANCE.</h2>
-</div>
-
-<p class='c008'>In view of the agitation regarding the proposed advance in
-freight rates it is suggested that our members protect themselves
-as fully as possible in making quotations. It is believed advisable
-to use a clause either printed or stamped on the letter-head or quotation
-stating substantially the following:</p>
-
-<p class='c013'>“All quotations made and orders accepted are based
-on present freight rates.”</p>
-
-<p class='c009'><span class='pageno' id='Page_49'>49</span>Where this clause is used it should be printed or stamped in
-such a way that it becomes a part of the quotation or correspondence.
-Stamping the clause on the margin of a letter-head is considered
-inadvisable.</p>
-
-<p class='c014'><b>Opinion No. 110.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>ACCEPTANCE OF AN AMOUNT OFFERED AS “PAYMENT IN FULL” MAY OR MAY NOT CANCEL THE DEBT.</h2>
-</div>
-
-<p class='c008'>Question—A customer sends me a check for a certain amount
-and inserts the following on the face of his check: “In full to June
-1.” Does my indorsement give my receipt in full to this date or
-not? Can I indorse his check and write him a letter advising him
-that I am using the check only to apply on the account?</p>
-
-<p class='c013'>Reply: Suppose A owes B a certain sum of money and
-there is no doubt or dispute as to the amount actually due.
-Then if A pays to B less than the amount, in cash or by check,
-saying at the time, “this I tender as payment in full,” B may
-keep the money or cash the check without losing the right he
-previously had to demand what was still due and unpaid.
-No man, without the consent of his creditor, can discharge the
-whole of his debt by paying part of it, if the amount is
-liquidated and certain. Suppose, however, that there has
-been no agreement as to the amount due or that there is an
-honest and well-founded dispute concerning the matter. Then
-when the debtor sends any reasonable amount, with a statement
-that it is tendered and is to be accepted, if at all, as
-payment in full, that is his estimate of the sum due. The
-creditor cannot accept the tender without accepting the estimate;
-if he does accept the tender the amount due is thereby
-agreed upon and fully paid. If the creditor is not willing to
-accept the tender as payment in full he must return it. Then
-an agreement may be reached as to the amount actually due,
-or if the two cannot agree the matter may be left to the
-courts. The debtor has this privilege, in a case of this kind,
-because it would be unfair to him to allow the creditor to
-keep what the debtor honestly believed to be the whole sum
-due, and still allow him to sue for more, when, if he had
-brought his suit in the first place it is possible he might not
-have been able to recover even as much as the debtor has
-already paid him.</p>
-
-<p class='c014'><b>Opinion No. 51.</b></p>
-
-<div class='chapter'>
- <span class='pageno' id='Page_50'>50</span>
- <h2 class='c004'>PROTEST IS NOT NECESSARY TO HOLD PARTIES PRIMARILY LIABLE.</h2>
-</div>
-
-<p class='c008'>Question—Is it necessary, or is it in any way helpful to have a
-note or an accepted draft protested, regard being had only to the
-maker of the note or the acceptor of the draft?</p>
-
-<p class='c013'>Reply: The object of a protest is to inform a person who
-is secondarily liable upon a bill or note that the person primarily
-liable has been properly called upon and has refused
-to pay the amount. There could be no object in conveying
-formal information of this kind to the parties primarily
-liable, because they know what the facts are, they know,
-that is, that demand has been duly made of them and that
-they have failed to comply with it. Accordingly it is held
-that protest and notice are not necessary to charge the maker
-of a promissory note or the acceptor of a bill of exchange.
-We believe this to be the sound rule in all cases.</p>
-
-<p class='c014'><b>Opinion No. 52.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>F. O. B. SHIPMENTS.</h2>
-</div>
-
-<p class='c008'>Question.—Please advise us, what the position of a shipper is
-who takes an order for a full carload of material at a price including
-freight to destination, but where the shipper takes out a bill of
-lading in the name of the buyer. The shipper claims he simply
-guarantees freight to destination, and having the bill of lading
-issued in the name of the buyer places the risk of loss or damage
-in transit on the buyer.</p>
-
-<p class='c013'>Reply: A buyer of goods takes title to them wherever
-they may be at the time of the sale unless the contract provides
-otherwise or unless the seller by some act of his own
-reserves the title to himself during transportation. A mere
-agreement on the part of the seller to pay the freight is not
-sufficient to rebut the presumption that title was to pass
-on delivery to the carrier. When goods are sold
-f. o. b. destination the seller undertakes to carry them to
-their destination and there deliver them. They are his
-goods, and the risk is his, until he has tendered
-delivery at that place; this is true because the buyer cannot
-be compelled to accept a tender made at any other place;
-but a mere agreement that, for a given price, the seller will
-furnish the goods and pay freight upon to a given place, does
-not make him liable for their delivery in that place. If he
-was bound to deliver them at destination the contract would
-say nothing about freight; an obligation on the seller’s part
-<span class='pageno' id='Page_51'>51</span>to deliver the goods at destination is, in itself, an obligation
-to pay freight upon them or to carry them himself, and it is
-not for the buyer to choose which he shall do. If the agreement
-to pay freight did place the risk on the seller during
-transportation he could not escape that obligation by his own
-act in taking out a bill of lading in a particular form. If he
-was at liberty, under the contract, to deliver the goods at the
-shipping point, however, he could increase his obligation by
-his own act, and taking the bill of lading to his own order
-would, if not otherwise explained be sufficient for this purpose.
-In this case the bill of lading was taken in the name
-of the buyer, and that is consistent with the seller’s claim that
-a valid delivery could be and was made at the shipping point
-and the carrier was an agent of the buyer.</p>
-
-<p class='c014'><b>Opinion No. 53.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>PAYMENT OF FREIGHT NOT ALWAYS TRANSFER OF TITLE.</h2>
-</div>
-
-<p class='c008'>Question.—Please advise us if in selling lumber freight paid
-to destination we are liable for damage in transit. As we understand
-it, when we sell lumber delivered at destination we are liable,
-but when we sell it freight paid the buyer is liable.</p>
-
-<p class='c013'>Reply: The person who owns goods while they are in
-transit must bear the expense of damage or loss if they are
-not insured. If the goods have been sold the title during
-transit may be either in the seller or the buyer. It is sometimes
-perfectly clear that title is in one or the other, while
-in some cases it is a very difficult question. Payment of
-freight is one item to be taken into consideration, but it is
-generally not alone absolutely conclusive of the question one
-way or the other. Our correspondent is correct in saying:
-“When we sell goods delivered at destination we are liable.”
-It is equally correct to say: “When we sell them, otherwise
-than for delivery at destination the buyer is liable.” It is
-not always true, however, that the buyer is liable when the
-seller pays the freight. Goods that had not been ordered, for
-example, or goods slightly different from those ordered might
-be sent in the expectation that the buyer would accept them.
-In such a case the seller would probably prepay the freight
-but title would remain in him, and the risk would be his,
-until the buyer had received the goods and accepted them.
-If the contract requires the seller to pay freight that is good
-evidence, if there is nothing on the other side to offset it, that
-title and risk are to be in the buyer during transit; this is so
-because if the seller was bound to deliver the goods at the
-<span class='pageno' id='Page_52'>52</span>buyer’s end of the route he would be bound to pay the
-freight, as a part of this obligation, and would not separately
-agree to pay the freight. If the contract is silent on that
-subject the mere fact that the seller pays the freight is not
-sufficient to show that he reserves title. All the facts of the
-case are to be taken into consideration, the presumption being
-that title passes when the goods are delivered, properly directed,
-to the carrier. If the buyer claims that title did not
-pass to him at that instant the burden of proof is on him, and
-the mere fact that the seller paid the freight is not alone
-sufficient to overcome the presumption.</p>
-
-<p class='c014'><b>Opinion No. 54.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>FILING CERTIFICATES IN MARYLAND.</h2>
-</div>
-
-<p class='c008'>Some of our members have recently received communications
-from the Secretary of State of Maryland calling their attention to
-a law which went into effect in Maryland June 1st, 1908, regarding
-filing certificates permitting foreign corporations to transact business.
-The Secretary of State’s letter reads in part as follows:</p>
-
-<p class='c011'>“The name of your company appears on the records of this office
-as a Foreign Corporation doing business in Maryland. As the recently
-enacted Act of the Legislature repeals the law under which
-you are authorized to transact business in this State, it will be necessary
-for you to comply with the provisions of the new law, a copy
-of which I enclose herewith, together with a blank form, convenient
-for use in connection therewith.”</p>
-
-<p class='c009'>Our attorney at Baltimore writes as follows regarding the necessity
-of complying with the provisions of the law above referred to:</p>
-
-<p class='c011'>“It is not necessary for a foreign corporation who maintains no
-office or agency, or has no assets in this State, to file a certified
-copy of its charter, the required certificate under the act and the
-franchise tax. A foreign corporation under the facts above stated
-may send any number of salesmen for the purpose of making sales
-in this jurisdiction without having to comply with the foreign corporation
-law.”</p>
-
-<p class='c014'><b>Opinion No. 55.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>RAILROADS CAN INSIST ON ACCEPTANCE OF DELAYED SHIPMENTS.</h2>
-</div>
-
-<p class='c008'>Question.—I shipped a carload of lumber to a customer consigned
-to myself and it was apparently lost in transit. The delay
-caused my customer to cancel this order with me, whereupon I
-notified the railroad that I would not accept delivery and would hold
-<span class='pageno' id='Page_53'>53</span>it responsible for not only the value of the car, but any damages
-resulting to me. The car has just turned up and the railroad insists
-that I must take it and put in claim for loss. Am I compelled
-to accept the car?</p>
-
-<p class='c013'>Reply: If the road offers to deliver the lumber now the
-consignee should accept it. A carrier is not a dealer, and
-goods tendered by it cannot be refused, however late the tender
-may be, or however seriously the goods may be damaged,
-provided they are recognizable as the goods actually shipped
-and have any value at all. The consignee cannot leave them
-in the hands of the carrier and demand full value for them.
-He must accept them and do the best he can with them. His
-acceptance of them does not relieve the carrier of its liability,
-and the consignee is entitled to recover all loss caused by
-delay, or by damage to the goods, as soon as the loss has been
-ascertained. If the market price has declined since the day
-on which delivery should have been made that difference in
-value is to be included in the damages; usually that is the
-principal part of the loss, and frequently it is the whole of it.</p>
-
-<p class='c014'><b>Opinion No. 56.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>QUESTION OF DISCOUNT.</h2>
-</div>
-
-<p class='c008'>Question.—I take an order from my customer, the terms of
-payment being stated 2 per cent. 10 days. The buyer makes settlement
-in 20 days and claims that he is entitled to the discount by
-paying interest for the extra time which he has taken over and
-above the ten days. On the other hand, I claim that the bill not
-having been paid within the discount period becomes net, and that
-face amount of the bill therefore becomes due on the eleventh day
-Which is right?</p>
-
-<p class='c013'>Reply: If a contract of sale gives the buyer no right to
-a discount he has no such right. If the contract does give
-him a right to a discount, upon certain terms, he must comply
-absolutely with those terms in order to entitle himself to the
-discount. The situation is just this: A seller who is entitled
-to demand the full face of his bill, says to the buyer, “I will
-deduct part of the amount if you will do a certain thing at a
-certain time in a certain way.” The buyer cannot fail to do
-the thing so specified at the time and in the manner named,
-and still claim a discount as if he had done it. The buyer
-is entitled to no discount at all in the case here put.</p>
-
-<p class='c014'><b>Opinion No. 57.</b></p>
-
-<div class='chapter'>
- <span class='pageno' id='Page_54'>54</span>
- <h2 class='c004'>LUMBER MAY BE RETURNED TO THE CONSIGNOR IF THE CONSIGNEE WILL NOT ACCEPT IT.</h2>
-</div>
-
-<p class='c008'>Question.—We ordered a carload of lumber from a shipper in
-the South and advanced $200 on account before the shipment arrived
-at its destination. This shipper received from the railroad
-company a bill of lading in his name marked “non-negotiable,”
-which he indorses to us and mails to us and notifies the railroad by
-letter that the shipment is for us. On arrival we find that the
-lumber is not in accordance with our order and we refuse to accept
-it, whereupon the railroad stores it for account of the owner. We
-notified the railroad that we would release the car to the shipper
-upon the latter paying to us the $200 advanced. The railroad has
-since delivered the car back to the shipper on the latter’s instructions
-by their giving the railroad the usual bond, which the railroad
-insisted upon having, and we still retain the original bill of lading
-indorsed to our order. We put in a claim against the railroad
-company for the $200 advanced, taking the position that they had
-no right to deliver the car to the shipper without the bill of lading
-or an order from us. The railroad refuses to pay our claim, saying
-that the bill of lading was a non-negotiable one, and inasmuch as
-the shipper took it out in his own name he had a right to regain
-possession of the car, and that we waived our rights, although
-retaining the bill of lading, by refusing to accept the lumber on
-arrival. We did not pay the freight. What course can we pursue
-to recover the $200 advanced?</p>
-
-<p class='c013'>Reply: If a consignee refuses to accept goods shipped
-under a non-negotiable bill of lading they may be returned to
-the consignor. The carrier is not bound to act as agent or
-intermediary for the settlement of any differences between
-the two. Here our correspondents have simply extended a
-credit of $200 to the shipper. If he does not voluntarily
-meet the obligation the amount may be recovered by suit.</p>
-
-<p class='c014'><b>Opinion No. 58.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>RAILROADS MUST PAY VALUE AT DESTINATION FOR DAMAGES ON LOST LUMBER.</h2>
-</div>
-
-<p class='c008'>Question.—Should the railroad in settling claims for shortage
-of lumber pay for it at our cost price or at the current market price?</p>
-
-<p class='c013'>Reply: Unless the contract between the shipper and carrier
-provides for some other measure of damages, the principal
-<span class='pageno' id='Page_55'>55</span>amount to be paid by the carrier when the lumber is
-lost or destroyed is the market value at destination. If the
-freight has not been paid in advance it is to be deducted from
-market value. There is to be added, on the other hand, interest
-at the legal rate from the day on which delivery should
-have been made to the day of settlement; and there is
-to be added also any incidental expense to which the consignee
-may have been put as a direct result of the carrier’s
-failure to do his duty. This is the only way in which the
-consignee can be placed in as favorable a position as he would
-have occupied if the carrier had done his duty, the only way
-in which the whole of the loss can be placed upon the carrier,
-who has caused it; and this is what the law aims to do in
-every case.</p>
-
-<p class='c014'><b>Opinion No. 59.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>SUIT CAN BE INSTITUTED IN NEW JERSEY ON JUDGMENT OBTAINED IN ANOTHER STATE.</h2>
-</div>
-
-<p class='c008'>Question.—Some time ago I secured a judgment in Pennsylvania
-against a party who now lives in New Jersey, and has some property
-there. Can I make collection in New Jersey?</p>
-
-<p class='c013'>Reply: A judgment of a Pennsylvania court can be enforced
-by a levy on property in New Jersey, without regard
-to the place of residence of either the plaintiff or defendant.
-If this judgment was secured in Pennsylvania it is without
-force in New Jersey. In that case, however, another suit can
-be started in New Jersey, and the proceedings will be brief
-and inexpensive; he will have to prove merely that suit was
-previously brought in Pennsylvania, in a court of competent
-jurisdiction, and judgment rendered in his favor. Judgment
-in New Jersey will follow immediately and as a matter of
-course; under that judgment he can levy on property in New
-Jersey.</p>
-
-<p class='c014'><b>Opinion No. 60.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>NOT ALWAYS NECESSARY FOR CARRIER TO NOTIFY CONSIGNOR THAT SHIPMENT IS REJECTED BY CONSIGNEE.</h2>
-</div>
-
-<p class='c008'>Question.—Have we a claim on the transportation company for
-the invoice value of the shipment under the following conditions:
-We made a shipment of a car of lumber, and when it arrived at
-destination the railroad offered it to consignee and he refused it.
-Some time later the railroad sold the lumber for what it would
-bring, which, it appears, was only about 50 per cent. of our invoice.
-<span class='pageno' id='Page_56'>56</span>Is the transportation company under obligation, in a case of this
-kind, to notify the shipper that the lumber is at destination refused
-and thereby give the shipper an opportunity to dispose of the lumber
-without loss?</p>
-
-<p class='c013'>Reply: If a carrier has no notice to the contrary, he is
-entitled to assume that the consignee is owner of the lumber
-and that any delivery or disposition of it of which the consignee
-cannot complain will be satisfactory to all persons. If
-the goods are sent C. O. D. or if the carrier is instructed not
-to deliver them to the consignee until they are paid for, or
-if he receives any instructions from which he may infer that
-the consignor retains title to the goods, in any such case, it
-becomes the carrier’s duty to inform the consignor of the consignee’s
-refusal to accept the goods. The same result follows
-if the carrier is expressly directed to give such notice and if
-he accepts the goods under these directions. In any other case
-the carrier is not bound to assume that the goods have been
-sold and that the consignor is retaining title to them to secure
-payment of the purchase price, or that the consignor has any
-interest in them at all. He may assume that the consignee
-has already paid for them, or that they were the property of
-the consignee before shipment. The consignor has put it in
-the power of the consignee to take the goods and do as he
-pleases with them, and the carrier is bound merely to
-act in such manner that the consignee may have no valid
-ground of complaint. In the absence of special instructions
-to the carrier, or of knowledge on his part that the goods
-belong to the consignor, the rule is simply this: That the
-carrier is not to be expected to deal with two different persons
-with reference to a single shipment or the disposition
-to be made of it; that he may safely assume such an understanding
-between consignor and consignee that they will keep
-each other informed, if necessary, and that anything that
-satisfies the consignee will satisfy the consignor. There is
-nothing in the question asked to show that it was the carrier’s
-duty to notify the consignor in this case.</p>
-
-<p class='c014'><b>Opinion No. 61.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>LUMBER IS ACCEPTED UNLESS REJECTED PROMPTLY.</h2>
-</div>
-
-<p class='c008'>Question.—A retailer goes away leaving his son in charge of
-the business. The son asks us to ship a car of lumber and we sell
-it to him, acting for his father, invoicing the car and mailing the
-bill of lading. The car arrives, the son surrenders the bill of lading
-to the railroad and orders the car placed on his father’s siding for
-<span class='pageno' id='Page_57'>57</span>unloading. For some reason the son decides not to unload the car
-before the arrival of the father, which will be in about a week. When
-the father arrives he claims the lumber is not up to grade and refuses
-to accept same, unless we make an allowance. Does not the acceptance
-of the bill of lading and its surrender to the railroad constitute
-a delivery of the lumber and entitle us to our money without
-question whether we are right or wrong about the quality of the
-lumber? It is possible, of course, that a very small proportion
-of this lumber may be a little off, but the difference is very slight,
-and would show only the difference that any two inspectors would
-make in going over the car of lumber.</p>
-
-<p class='c013'>Reply: A buyer of goods is bound to inspect them with
-reasonable promptness, after he has an opportunity to do so,
-and then accept or reject them at once. Reasonable promptness
-is greater promptness than was shown in this case,
-unless there were some unusual facts in connection with it of
-which we are not informed. A buyer is seldom justified in
-delaying his inspection beyond the next day after arrival of
-the goods. If he does not reject the goods with reasonable
-promptness, whether he sees fit to inspect them or not, then
-he is held to an implied acceptance. They are placed in his
-hands. He may do as he likes about examining them, but he
-must reject them promptly, if he is to reject them at all. If
-he does not reject them promptly any remedy he may have
-had is gone unless the goods were sold to him under a warranty
-of quality.</p>
-
-<p class='c014'><b>Opinion No. 62.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>NEW YORK INCORPORATION LAW.</h2>
-</div>
-
-<p class='c008'>In view of a recent decision regarding the corporation law of
-New York State and its probable effect upon foreign corporations
-doing business in this State, we have asked our attorney in New
-York for information, and the following is submitted:</p>
-
-<p class='c011'>“At the end of January last there was handed down a decision
-in the Court of Appeals, which was later printed in 190 N. Y., settling
-the disputes which had arisen as to the necessity for obtaining
-certificates of license to do business in this State as a condition
-precedent to suing here.</p>
-
-<p class='c011'>“It holds that in compliance with the General Corporation Law
-it must be alleged and proved by a foreign corporation in order to
-establish a cause of action in the courts of this State. The cases
-holding otherwise, should be regarded as overruled and the conflict
-of authority ended.</p>
-
-<p class='c011'><span class='pageno' id='Page_58'>58</span>“And it is further held that an objection to a complaint on
-this ground is not waived by the failure to raise it in the defendant’s
-pleadings, but can be raised at any time.</p>
-
-<p class='c011'>“A little later the court also held that this rule applied just as
-much as to the assignee of a foreign corporation’s claim, except as
-to negotiable paper taken in good faith from the corporation before
-maturity.</p>
-
-<p class='c011'>“It follows that any foreign corporation desiring to do business
-in New York, whether on a large or small scale, must comply with
-the statute and take out a license and pay the franchise at the end
-of the first year, and I suggest that this should be brought to the
-attention of your foreign lumber corporations.”</p>
-
-<p class='c011'>(If further information is wanted by any members whose business
-is incorporated under a State law other than New York, we
-shall be pleased to hear from them.)</p>
-
-<p class='c014'><b>Opinion No. 63.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>NEW JERSEY INCORPORATION LAW.</h2>
-</div>
-
-<p class='c008'>Question.—Under New Jersey laws a New York corporation
-doing business in New Jersey must register in Trenton. We did
-a large amount of business before we were aware of this, but ultimately
-registered. In suing one of our customers we were nonsuited
-because we were not registered at the time the goods were
-sold, but this was in an inferior court. Does the fact that we were
-not registered in Trenton at the time the goods were sold completely
-shut us off from recovering in the State of New Jersey?</p>
-
-<p class='c013'>Reply: We believe that our correspondents will not be
-allowed to maintain this suit; they are prevented from maintaining
-it as much by the laws of their own State of New
-York as by those of New Jersey. The law of the case stands
-thus: The New Jersey statute requires all foreign corporations
-to file certain documents with the Secretary of State and
-to take out a certificate authorizing them to do business in
-New Jersey. It is further provided that “until such corporation
-so transacting business in this State shall have obtained
-said certificate of the Secretary of State, it shall not maintain
-any action in this State, upon any contract made by it in this
-State.” If this were all our correspondents could take out a
-certificate any time and then sue; this section only forbids
-them to sue before taking out a certificate. It is further provided,
-however, that when another State imposes any greater
-penalties on New Jersey corporations than the laws of New
-Jersey impose upon corporations of that State, the same penalties
-shall be imposed on corporations of such other State
-<span class='pageno' id='Page_59'>59</span>doing business in New Jersey. Now, it is provided by the
-General Corporation law of this State (Sec. 16) that foreign
-corporations must take out certificates as in New Jersey, and
-that “no foreign stock corporation doing business in this
-State shall maintain any action in this State upon any contract
-made by it in this State unless prior to the making of such
-contract it shall have procured such certificates”; that is the
-reason a New York corporation doing business in New Jersey
-is not allowed to sue in the courts of that State on a contract
-made therein unless it had taken out its certificate before
-the contract was made.</p>
-
-<p class='c014'><b>Opinion No. 64.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>A LARGE CONTRACT SHOULD BE IN WRITING.</h2>
-</div>
-
-<p class='c008'>Question.—In the summer one of our salesmen sold a car of
-lumber for September delivery, the salesman handing the buyer copy
-of the order at the time of purchase. On previous purchases made
-by this same customer he has been in the habit of sending in a confirmation
-of the order on which appear the words “No order valid
-unless signed by one of the members of the firm.” No such confirmation
-was received by us for the last order placed, the same
-having been overlooked by us, and we shipped the goods to them
-upon the agreed delivery date. And they write us now that as no
-confirmation was given they cannot accept the goods and hold them
-subject to our order. They write further that their former buyer
-brought up the memorandum order for these goods, but that they
-declined to confirm; but of this latter act we had no knowledge.
-Please inform us where we stand in this matter.</p>
-
-<p class='c013'>Reply: In nearly every State there is a statute declaring
-that the purchaser of goods to the value of $50 or more shall
-not be legally liable unless he signs a written contract or part
-of the price is paid or part of the goods are accepted. The
-wording of the statute in New York State is as follows:
-“Every agreement, promise or undertaking is void, unless
-some note or memorandum thereof be in writing, and subscribed
-by the party to be charged therewith, or by his lawful
-agent, if such agreement, promise or undertaking—is a contract
-for the sale of any goods, chattels or things in action
-for the price of $50 or more, and the buyer does not accept
-and receive part of such goods, or the evidences, or some of
-them, of such things in action, nor at the time pay any part
-of the purchase money.”</p>
-
-<p class='c014'><b>Opinion No. 65.</b></p>
-
-<div class='chapter'>
- <span class='pageno' id='Page_60'>60</span>
- <h2 class='c004'>USING CHECKS MARKED “IN FULL SETTLEMENT.”</h2>
-</div>
-
-<p class='c008'>In connection with several claims recently handled by our Collection
-Department in Pennsylvania and the question of using checks
-marked “in full settlement” or “in settlement of all demands to
-date,” we have the following communication from a prominent
-attorney in Pennsylvania:</p>
-
-<p class='c011'>“I desire to state that it is elementary law that if pending the
-adjustment of a disputed claim, the debtor sends the money to his
-creditor in full payment of the demand, the latter cannot receive
-and retain it as a credit upon a larger sum claimed by him, without
-discharging the debtor as to the whole.</p>
-
-<p class='c011'>“123 Pa., p. 576. 147 Pa., p. 607. 70 Pa., p. 315.</p>
-
-<p class='c011'>“These cases have been decided by the Supreme Court of Pennsylvania,
-the court of the last resort. Therefore it does not lie in
-the province of your members to cancel the words ‘in full settlement’
-without destroying their right in respect to prevailing for the balance.</p>
-
-<p class='c011'>“I might further state that in the absence of any dispute in
-respect to any claim, the payment of a smaller amount will not
-operate to discharge the whole, because there is no accord and
-satisfaction; the absence of any dispute in respect to the amount
-being the material circumstances in this regard.”</p>
-
-<p class='c014'><b>Opinion No. 66.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>A CUSTOMER BUYING ON CREDIT MUST KEEP HIS CREDIT GOOD.</h2>
-</div>
-
-<p class='c008'>Question.—If a bill of lumber is sold on credit and before delivery
-to the customer the seller considers he has good reason to
-question the purchaser’s ability to settle when the bill is due, can
-the seller withhold the delivery and demand either better terms or
-cash without making him liable for the non-fulfillment of the
-contract?</p>
-
-<p class='c013'>Reply: A man who has bought goods on credit is
-bound, as the courts phrase it, “to keep his credit good.”
-If he does not do that the seller need not ship the goods;
-if he has shipped them and then finds that the buyer has not
-kept his credit good, he may stop the goods and take them
-back into his own possession at any time before they have
-actually been delivered to the buyer or his agent. In making
-his decision the seller must, of course, take his own
-risks. He has entered into a contract and he must fulfill
-it or pay the resulting damages unless he has a legal excuse
-for refusing to go on with it. It is not sufficient that, as
-<span class='pageno' id='Page_61'>61</span>the question says, “the seller considers he has good reason
-to question the purchaser’s ability to settle”; nor that the
-seller has good grounds for believing that the buyer’s credit
-is impaired. It is not a question of any man’s belief, but
-a question of fact. The goods must be shipped unless the
-buyer is actually insolvent. This does not mean that he
-must have made an assignment or gone into bankruptcy or
-made any other public acknowledgment of the fact that he is
-insolvent. It means he has become unable to pay his debts
-as they fall due. The seller must be able to show that at
-least one debt has fallen due against the buyer and that he
-has not paid it promptly. Of course, it must be a debt the
-validity of which the buyer himself does not dispute upon
-any tenable ground. If he has paid his debts as they fell
-due he has “kept his credit good,” no matter what any one
-may suspect as to the future; if he has failed to pay any
-just debt promptly he has not kept his credit good. If the
-seller has no right to refuse delivery of the goods altogether
-he has no right to demand better terms than his contract
-gives him.</p>
-
-<p class='c014'><b>Opinion No. 67.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>DISCOUNT MUST BE IN ACCORDANCE WITH THE CONTRACT.</h2>
-</div>
-
-<p class='c008'>Question.—We sold to a concern and the terms of sale were
-“2 per cent. discount for cash in ten days or sixty days net.” The
-buyer in his settlements has taken fifteen to twenty days’ time and
-has deducted 2 per cent. discount and has added 6 per cent. per
-annum for the extra days beyond ten. We claim that this settlement
-is entirely wrong, and if he wishes the discount in full he
-must send a check within ten days after the date of the bill.</p>
-
-<p class='c013'>Reply: No debtor is to be excused from paying the full
-amount of his debt except in strict accordance with some
-provision to that effect in his contract. Here is a debtor who
-would have been bound to pay the full amount immediately
-if there had been no special provision to the contrary. Any
-such provision as there may be is a kind of grace to him
-and it is not to be extended beyond the strict terms in which
-it is expressed. He may take 2 per cent. off if he pays at
-any time within ten days. When the ten days are passed
-the contract stands precisely as if it had said nothing at
-all about discount for payment within ten days. This debtor
-had no right to deduct the 2 per cent. He is trying to take
-an advantage which his contract does not give him. If he
-<span class='pageno' id='Page_62'>62</span>were asked to point out a clause in the contract giving him
-a right to take off the discount later than the tenth day,
-of course, he could not do it.</p>
-
-<p class='c014'><b>Opinion No. 69.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>A BILL OF LADING TO ORDER RETAINS TITLE TO THE GOODS.</h2>
-</div>
-
-<p class='c008'>Question.—If a shipper sells a carload of lumber f. o. b. shipping
-point with draft attached to bill of lading and bills the car
-to his own order, notify the purchaser, and if the car should be
-wrecked in transit or should never reach its proper destination,
-would the buyer who bought the car f. o. b. be compelled to pay
-the draft and take up the bill of lading and seek recourse against
-the carriers? Should the shipper bill a car to the order of a bank,
-notify the f. o. b. purchaser and sell the draft and bill of lading
-to the bank outright, would the purchaser be compelled to pay for
-same?</p>
-
-<p class='c013'>Reply: When a sale is made f. o. b. shipping point the
-seller can make a valid delivery at that point. If he delivers
-the goods to a carrier there, takes a bill of lading making
-them deliverable to the buyer and forwards it to the latter,
-his full duty is done and the goods are at that moment, in
-legal effect, delivered to the buyer; they are actually delivered
-to the buyer’s agent, the carrier, and that is equivalent
-to a delivery to the buyer himself. This is the kind of delivery
-the seller is at liberty to make, under the contract, but
-he may not do so. He might, conceivably, carry the goods
-in his own arms to the buyer, or he may deliver them to one
-who is unquestionably his own agent. In either of these
-cases delivery to the buyer does not occur until the goods
-reach their destination. If A ships goods to the place in
-which B resides and takes the bill of lading to his own order
-the goods are not in any sense delivered to B or to his agent.
-They are A’s goods. He can stop them where he will and
-take them back into his own possession. When they reach
-their destination he can take charge of them or have them
-delivered to anyone he may choose to name. Those goods
-could be seized by a creditor of the seller and they could
-not be seized by a creditor of the buyer. If they are lost
-in transit it is the seller’s loss. A seller must either deliver
-the goods or retain them. He cannot do both. He cannot
-deliver them so as to make the buyer liable in case of loss
-and still retain them so that they will be his, to do with as
-he will if there is no loss. The same result follows if the
-<span class='pageno' id='Page_63'>63</span>bill of lading is sold to a bank. A bill of lading represents
-goods in transit and transfer of the bill transfers the goods.
-The direction to the carrier to “notify” one person or another
-is of no importance. Goods may be consigned to B
-and the carrier, for one reason or another or for no reason
-at all, may be directed to “notify” X or Y or Z of the fact
-that they have arrived. Notification is not to be substituted
-for delivery.</p>
-
-<p class='c014'><b>Opinion No. 70.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>ONE WHO BUYS ON CREDIT MUST KEEP HIS CREDIT GOOD.</h2>
-</div>
-
-<p class='c008'>Question.—A, in New York, has with B, a manufacturer, three
-separate contracts made in December, February and March, respectively,
-each contract specifying the grade and price of material,
-date of delivery and terms of payment. The deliveries called for
-in the December contract have been completed by A; the date for
-the first delivery of the February contract is due this month; but
-B is overdue 30 days on his payment on the first delivery of the
-December contract and payment on the delivery of balance of the
-December contract is now due. Because B has failed to comply
-on his part with the conditions of the first contract, must A deliver
-the material according to the terms of the second and third contracts,
-thereby unduly increasing the amount of credit extended to
-B beyond his general credit limit? From information obtained
-which would lead A to question the credit of B, such as his taking
-a contract at a loss (this occurring since the contracts were made)
-can A demand payment before delivery of the goods, although
-the contract specifies 30 days from certain dates? Can A cancel
-the two uncompleted contracts for any of the above reasons, viz.,
-non-fulfillment of the condition of the first contract by B or doubt
-as to B’s credit? If cancelled by A would B have any legal redress
-such as buying the quantity and grade of material stipulated by
-the contracts in the open market and compelling A to pay the difference
-in price should the present market price be higher than the
-prices stipulated in the contracts?</p>
-
-<p class='c013'>Reply: When a man buys goods on credit it is always
-an implied condition of the contract that he shall “keep his
-credit good,” as the courts phrase it, till the time of delivery
-arrives. If he becomes insolvent before that time he cannot
-demand that the seller shall ship the goods. If the seller
-<span class='pageno' id='Page_64'>64</span>does ship them, and then learns of the insolvency, he may
-stop the goods before they reach the buyer and take them
-back into his own possession. A buyer on credit has no
-right to demand that the goods shall be delivered to him at
-a time when he is insolvent and when there is reason to
-believe, accordingly, that the goods may have to be sold to
-pay his other debts. That is the situation in the case our
-correspondent puts, and the seller is certainly not bound to
-deliver the merchandise. By insolvency, in a case of this
-kind, is not meant an actual assignment for creditors; neither
-does it mean that the buyer has gone into bankruptcy or
-made any other public acknowledgment of the fact that he
-is insolvent. It means that he has become unable to pay his
-debts as they fall due. The seller must be able to show that
-at least one debt has fallen due against the buyer and that
-he has not paid it promptly. Of course, it must be a debt
-the validity of which the buyer himself does not dispute upon
-any tenable or reasonable ground. The buyer in this case
-has failed to pay such a debt. The seller has ample proof
-of the fact because the debt was owing to him. The buyer
-has not “kept his credit good,” and he has no right to
-demand that goods sold to him on credit shall be delivered.
-If they are not delivered he will have no legal ground of
-complaint or cause of action against the seller. It is not the
-seller who is guilty of a breach of contract, but the buyer;
-he is guilty of a breach of the implied condition which enters
-into all such contracts—the condition that the buyer shall
-“keep his credit good.”</p>
-
-<p class='c014'><b>Opinion No. 71.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>A SELLER IS BOUND BY HIS OWN MISTAKE UNLESS IT IS OBVIOUS.</h2>
-</div>
-
-<p class='c008'>Question.—We sent an inquiry for certain sizes of lumber to
-a mill asking for quotations. Our inquiry was delayed in the mails,
-and, as it did not reach the mill in time enough to quote we placed
-the order with the mill, but did not specify prices. The mill
-acknowledged our order, saying, “We have entered your order as
-per enclosed carbon,” and after each item they named a price. The
-lumber was shipped and an invoice sent us, but on two of the
-items a larger amount is charged than specified in the communication
-from the mill, saying our order had been entered. In remitting
-we deducted the difference between the prices mentioned in reply
-from the mill and the invoice, but the mill claims they made a
-clerical error and that we are bound to pay the invoice price. What
-is our position in the matter?</p>
-
-<p class='c013'><span class='pageno' id='Page_65'>65</span>Reply: When a seller puts a price on his goods and the
-buyer accepts them at that price it is then too late for the
-seller to demand more except in the following case: If the
-buyer knew that a mistake had been made, or if the mistake
-was so gross and palpable that he ought to have known
-it to be a mistake, then it may be corrected. If a seller were
-to quote $1.25 when all buyers knew that $12.50 was about
-the market price, the buyer would not be allowed to claim
-the goods at the quotation without making special inquiry as
-to its accuracy; if the quotation was only slightly under the
-market, so that no suspicion attached to it, and if there was
-nothing else to show that a mistake had been made, and if
-the buyer had no actual knowledge of the fact, the seller
-is bound. Taking the whole class of sellers together, it
-would not be a safe rule to allow them to come around and
-collect more after a sale had been made and concluded upon
-the plea that they had not asked as much as they intended
-to ask.</p>
-
-<p class='c014'><b>Opinion No. 72.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>A CARRIER SHOULD PAY VALUE AT DESTINATION FOR LUMBER LOST.</h2>
-</div>
-
-<p class='c008'>Question.—On what basis must a railroad company settle a
-claim by a consignee on lumber damaged or lost? Must the consignee
-supply the original invoices, or is he entitled to the selling
-price in his market?</p>
-
-<p class='c013'>Reply: If the contract does not provide otherwise, a
-carrier who fails to deliver goods must, as a rule, pay to the
-consignee the value of the goods at the time and place at
-which delivery should have been made. The carrier is to
-retain his freight charges out of this amount, of course, if
-freight has not been paid in advance. This is the only rule
-by which the whole of the loss can be placed upon the carrier,
-where it belongs. If he had done his duty and delivered
-the goods the consignee could have sold them at the prices
-there and then prevailing. If the carrier pays the consignee
-less than this amount the consignee himself must bear part of
-the burden of the carrier’s negligence. Of course, if the
-contract provides that settlement shall be upon some other
-basis, original cost, for example, the contract will be enforced.
-The only other exception to the rule is that which arises when
-the goods have already been sold for an amount which is
-not so great as the market price at the place and time at
-which delivery ought to have been made. If delivery had
-been duly made, in such a case the owner of the goods
-<span class='pageno' id='Page_66'>66</span>could not have taken advantage of ruling market prices; he
-had already bound himself to deliver the goods at a price
-which proves to be less than the market on the day fixed for
-delivery, and this selling price is all that he can claim. The
-object in every case, except where there has been a special
-contract of carriage, is to place the owner of the goods as
-nearly as possible in the same position he would have occupied
-if the carrier had done his duty and to put upon the
-carrier, where it belongs, the whole burden of his negligence
-and breach of contract.</p>
-
-<p class='c014'><b>Opinion No. 73.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>LIABILITY OF SHIPPER WHERE PART OF SHIPMENT IS ADMITTED BELOW GRADE.</h2>
-</div>
-
-<p class='c008'>Question.—I received from a customer an order for a carload
-of lumber of a certain grade. A fair sized car would be 14,000
-feet. The car arrives and 2,000 feet of the lumber is admitted by
-me to be of a grade lower than the order called for. Can I compel
-my customer to accept the balance of 12,000 feet, which is up
-to the requirements of the order? He claims that inasmuch as the
-car I have offered is not all up to grade, I cannot compel him to
-accept even so large a proportion as 12,000 feet, notwithstanding
-the fact that 12,000 feet will still be a pretty fair sized car of
-lumber.</p>
-
-<p class='c013'>Reply: According to this statement the shipper undertook
-to carry out an order and deliver a carload of lumber.
-According to the admission 2,000 feet of the carload
-were contrary to the terms of the contract. Under the circumstances
-a carload of lumber has not been delivered
-and we doubt very much if you can find a way to compel
-acceptance of a carload of lumber that is admitted on the
-face of it as not being strictly according to the terms of
-the contract.</p>
-
-<p class='c014'><b>Opinion No. 76.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>NECESSITY OF FOREIGN CORPORATIONS FILING CERTIFICATES.</h2>
-</div>
-
-<p class='c008'>The Association has made some inquiry regarding the necessity
-of so-called foreign corporations filing certificates in States other
-than those under whose laws the corporation was organized. If
-any corporate members are interested and desire information along
-these lines we shall be pleased to render such assistance as we can.</p>
-
-<p class='c009'><span class='pageno' id='Page_67'>67</span>In some States the requirements are strict, and recently some
-Western States, particularly Oklahoma, have enacted legislation of
-much importance to foreign corporations shipping into those States.</p>
-
-<p class='c014'><b>Opinion No. 77.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>COURSE TO PURSUE WHEN LUMBER IS REFUSED ON ARRIVAL.</h2>
-</div>
-
-<p class='c008'>Question.—We took an order from a customer for a carload of
-lumber to be shipped not later than September 15th. The car was
-shipped within the specified time but did not reach destination as
-promptly as it should, and our customer claims that he has been
-damaged to such an extent that he refuses to take in the car, saying
-it arrived too late for his use. The lumber is exactly in accordance
-with the order and is a special worked car. We will be put
-to some expense in disposing of this elsewhere and will probably
-have to sell it at a lower price. What method should we pursue?</p>
-
-<p class='c013'>Reply: There are three courses:</p>
-
-<p class='c013'>First: The shipper may store the lumber for the buyer
-and sue him for the invoice price.</p>
-
-<p class='c013'>Second: He may retain the property as his own and
-recover the difference between the market price at the time
-and place of delivery and the contract price.</p>
-
-<p class='c013'>Third: He may sell the lumber, acting as the agent for
-the purchaser and recover the difference between the contract
-and the price of resale.</p>
-
-<p class='c013'>This last course is usually considered best because it
-gives the seller the use of the money realized on the resale.
-Of course in reselling the lumber care must be taken to
-obtain the best possible price, and in the event of the resale
-the seller is entitled to recovery from the purchaser of all the
-costs which he was obliged to lay out in bringing to pass a
-sale of the property in question.</p>
-
-<p class='c014'><b>Opinion No. 78.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>A CARRIER MUST STOP GOODS IN TRANSIT IF PROPERLY ORDERED TO DO SO.</h2>
-</div>
-
-<p class='c008'>Question.—A makes a shipment to a customer in another State
-and several days after he receives information that leads him to
-believe it prudent to hold up the shipment and have the goods
-reconsigned to himself. He immediately takes the matter up with
-<span class='pageno' id='Page_68'>68</span>the initial carriers with the request that they take immediate steps
-to stop the shipment in transit and have same reconsigned to himself,
-all charges to follow. In the event that the initial carrier fails
-to take prompt action and it develops that the goods are delivered
-after the initial carrier has been notified not to deliver them, thereby
-causing A the loss of the value of the shipment, cannot A hold the
-initial carrier responsible for the value of the shipment?</p>
-
-<p class='c013'>Reply: When goods are sold on credit and the buyer
-becomes insolvent or gives proof of insolvency, before the
-goods are delivered to him, it is the right of the seller to
-take them back into his own possession and refuse delivery
-altogether; this is because one who buys on credit is bound
-by an implied contract that he will keep his credit good and
-be able to pay for the goods when the due date arrives.
-When the carrier is called upon to return the goods to the
-seller he must act at his own peril. If he does return them
-and the buyer was not insolvent, the carrier must answer to
-the buyer for his damages. On the other hand, if the carrier
-fails to return the goods and the seller can show that the
-buyer was insolvent the carrier must respond to the seller for
-the value of the goods or for such part of it as the seller
-finally loses. The seller, in the case under consideration,
-must first establish the fact that he had a right, within these
-rules, to stop the goods. Then if he can show also that this
-might have been done except for negligence or delay on the
-part of the initial carrier, he can hold that carrier liable for
-his loss.</p>
-
-<p class='c014'><b>Opinion No. 79.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>ACCORD AND SATISFACTION.</h2>
-</div>
-
-<p class='c008'>Frequently inquiries are sent us inquiring as to the advisability
-of accepting checks marked “In full settlement of account to date,”
-etc. The situation is not the same in all States but usually the
-questions are covered in the doctrine of accord and satisfaction
-explained as follows:</p>
-
-<p class='c011'>If an account between two parties be actively and openly in
-dispute and the debtor sends to his creditor a remittance for a
-specific sum and states that such sum is offered in full settlement,
-and if such sum be accepted by the creditor he is bound thereby and
-cannot thereafter recover anything on the account from his debtor.
-The mere sending of a remittance, however, for an amount less
-than the amount due, where there is no dispute between the parties,
-does not affect the right of the creditor to bring suit for the
-balance due even though it is stated in the letter accompanying the
-remittance that said remittance is in full settlement.</p>
-
-<p class='c011'><span class='pageno' id='Page_69'>69</span>The question as to whether a dispute is open or active can
-usually be easily determined. If the seller and buyer have been in
-correspondence regarding a dispute, that determines its activity,
-and if after such correspondence a remittance is made marked “In
-full settlement,” etc., the acceptance is binding.</p>
-
-<p class='c014'><b>Opinion No. 80.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>ACCEPTANCE IN NEW JERSEY MAY BE AFFECTED BY STATUTE.</h2>
-</div>
-
-<p class='c008'>Our attention has been called to a law passed by the New Jersey
-Legislature in 1907, from which the following is quoted:</p>
-
-<p class='c011'>“Where the seller delivers to the buyer the goods he contracted
-to sell mixed with goods of a different description not included in
-the contract, the buyer may accept the goods which are in accordance
-with the contract and reject the rest, or he may reject the
-whole.”</p>
-
-<p class='c011'>We are receiving inquiries as to the responsibility of a customer
-where he had used part of a shipment of lumber of one description,
-the customer claiming the statute above quoted permitted him to
-use such of the shipment as was up to grade and reject the balance.
-Commenting on the law above referred to where a shipment contains
-lumber under one description it would seem to be the law
-that if the consignor delivers to the consignee the goods contracted
-for of the same description included in the contract, the debtor,
-with his right of inspection must either reject or accept, and if the
-consignee does any act by which it could be inferred that he is exercising
-the right of ownership of any part of the merchandise so
-shipped and delivered, we believe he is liable for the entire amount
-of lumber shipped and received. He cannot take out what he wants
-of the order and reject the balance.</p>
-
-<p class='c011'>The New Jersey law covers mixed shipments, for instance, in
-a shipment of barn boards, siding and moulding, the buyer would
-have the right to accept either of these items without prejudicing
-his claim, or waiving his privilege of rejection on the other two,
-but where a straight car of barn boards is ordered the buyer is not
-privileged to use a portion of them and reject the balance as not
-being up to contract.</p>
-
-<p class='c014'><b>Opinion No. 81.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>CONDITIONAL CLAUSES REGARDING TERMS ON LETTERHEADS, INVOICES, ETC.</h2>
-</div>
-
-<p class='c008'>It seems again necessary to call the attention of our members
-to the custom of printing a clause on the top of letter-heads used
-<span class='pageno' id='Page_70'>70</span>for quotation to the effect that agreements or contracts are contingent
-upon strikes, accident, other causes, etc. It frequently happens
-that this clause is so printed on the letter-head or quotation
-form as not to make it a part of the contract, and the following
-attorney’s opinion is pertinent:</p>
-
-<p class='c011'>When a man has a proposal to make to another in writing he
-begins, usually and naturally, with the name of the place from
-which he writes and the date. Then he makes his proposal and
-closes by signing his name. The paper upon which he writes may
-have printed at the top or somewhere in the margin the name and
-address of the firm; the telephone number and the number of the
-firm’s post office box; the cable address; a list of five or six cable
-codes used by the concern; names of the various articles in which
-it deals; facsimiles of some of its trade-marks; pictures of certain
-gold medals that have been awarded to its goods at fairs of one
-sort or another. Frequently there is much other matter. There
-may also be something to the effect that agreements are contingent
-upon strikes. Of course, the person to whom the proposition is
-addressed is not concerned with any of these things. What he has
-to read and consider is the matter found between the address and
-the signature, and nothing more. That is the reasonable interpretation
-of the matter, and, is, very naturally, the view that the courts
-have taken of it. In 153 Ill., 102, to quote only one case, the
-Supreme Court of Illinois decided that “the words ‘all sales subject
-to strikes and accidents,’ printed as part of the letter-head of a
-reply, do not form any part of the contract.” No court could very
-well reach any other conclusion, so far as we can ascertain, and no
-court has done so.</p>
-
-<p class='c011'>In the same manner a postscript on a letter or quotation blank
-is not an actual part of the contract unless it is signed.</p>
-
-<p class='c011'>Other members have also attempted to enforce terms printed
-on their invoices where such terms were not referred to in the
-original order or contract of sale. The following opinion will be
-helpful in such matters:</p>
-
-<p class='c011'>The question of the invoice may be settled with little difficulty.
-Nothing upon the invoice is binding upon the buyer, whether it
-is written or printed and whether it stands in the body of the document
-or in the margin. A contract is made by two persons, and
-it is binding only in so far as both have agreed to be bound by it.
-An invoice is made, after all the terms of the contract have been
-irrevocably fixed, and it is made by only one person. The seller
-would have things very much his own way if he could go off alone,
-after a contract had been made, and alter or amend or limit or explain
-it by his own act. He has no such power, of course, and he
-cannot put anything upon his invoice in writing or in print, that
-will bind the buyer.</p>
-
-<p class='c014'><b>Opinion No. 82.</b></p>
-
-<div class='chapter'>
- <span class='pageno' id='Page_71'>71</span>
- <h2 class='c004'>INTERPRETATION OF “REASONABLE TIME,” “DUE NOTICE,” ETC.</h2>
-</div>
-
-<p class='c008'>Frequently our members ask what constitutes shipment within a
-reasonable time, or what is the meaning of “due notice,” etc.</p>
-
-<p class='c011'>The courts are always careful not to give any general definition
-of such words as “due,” “reasonable” and the like. What is
-due or reasonable notice in one case might not be so in another; and
-each case is made to stand on its own facts. “Due notice,” in one
-case or in any other, is such notice as, all of the circumstances and
-conditions being duly considered, would permit the person receiving
-the notice to do that which was required of him. Evidence is
-to be presented, on the one side, and on the other, to show whether
-due notice, within this definition, was or was not given. Due notice
-is sufficient notice, and that which is sufficient in one case may be
-too much or too little in another.</p>
-
-<p class='c014'><b>Opinion No. 83.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>IF SHIPMENTS ARE NOT TENDERED IN TIME THE BUYER NEED NOT TAKE THEM.</h2>
-</div>
-
-<p class='c008'>Question.—In December, 1909, we placed an order for nine cars
-of lumber to be delivered in March, 1910. Part of the shipment
-was made in February and March, leaving about a third unshipped
-on the first of April. We wrote the sellers to cancel the order.
-They object to this cancellation, saying that the delay was caused
-by a breakdown of their mill which was unavoidable and say for
-this reason the order is in force, as they are ready to make delivery
-of the balance of the goods to-day, April 7th, one week after the
-contract date expired. Have we a legal right to cancel under these
-conditions?</p>
-
-<p class='c013'>Reply: The man who runs a mill is entitled to all the
-profit he can make from it; but if there is an interruption of
-the running it is he who must stand the loss. He cannot ask
-a customer to wait for goods, at his own expense and inconvenience,
-until it may be found practicable and advisable to
-start up the works again. The buyers may refuse to accept
-the belated delivery, in the case our correspondent puts, and
-may demand damages for the sellers’ breach of contract.
-If a breakdown of the mill is to excuse the seller the contract
-of the sale must contain an explicit stipulation to that effect.</p>
-
-<p class='c014'><b>Opinion No. 84.</b></p>
-
-<div class='chapter'>
- <span class='pageno' id='Page_72'>72</span>
- <h2 class='c004'>WHEN A BUYER ACCEPTS A SHIPMENT, A WRITTEN CONTRACT IS NOT NECESSARY.</h2>
-</div>
-
-<p class='c008'>Question.—A customer called at our yards and arranged to
-buy six cars of lumber, asking that one car be shipped at once. He
-took this car, but refuses to order the balance out as per agreement.
-He offers to pay for what he has already had, but he says we cannot
-hold him for any more because the contract was not in writing.
-Is he right?</p>
-
-<p class='c013'>Reply: This buyer can be held for the value of the six
-cars. A written contract or memorandum is not necessary
-where part of the goods have been delivered and accepted.
-There are three ways in which a sale of goods for $50 or
-more may be made valid and binding: (1) By a written
-contract or memorandum; (2) by delivery and acceptance of
-part of the goods; (3) by payment of part of the purchase
-price. Thus a buyer sometimes pays a small part of the
-price at the time of the agreement, “to bind the bargain,”
-as he says, and it has that effect.</p>
-
-<p class='c014'><b>Opinion No. 86.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>IT IS TOO LATE TO CLAIM DAMAGE FOR DELAY IN SHIPMENT WHEN LUMBER IS ACCEPTED.</h2>
-</div>
-
-<p class='c008'>Question.—We took an order from a customer for ten cars of
-lumber to be shipped one car every two weeks. The first three cars
-were shipped on time, but there was a lapse of four weeks before
-the fourth car got out and weather at the mill delayed our getting
-the balance out as per agreement, although we finally got off all
-the cars. When the delayed shipments began to arrive our customer
-complained of the delay, and said he would charge us back
-with any cost he had to allow his customer. We objected, but
-our customer said we agreed to time deliveries, and would hold us
-to same. He took in all the shipments, but now wants to charge
-us with a loss he claimed he allowed his customer.</p>
-
-<p class='c013'>Reply: If the lumber was offered to the buyer at a time
-later than any date agreed upon at time of sale, the buyer
-could have refused to accept it, and would have had a claim
-against the seller for damages occasioned by the delay. On
-the other hand, the buyer might accept the goods, notwithstanding
-the delay, if he chose to do so. He had no option
-except one of these two, accept the goods and pay for them,
-or reject them as not having been sent in time to constitute
-a fulfillment of his order. He could not accept the goods at
-<span class='pageno' id='Page_73'>73</span>any other than the contract price. This is the situation in
-which the case would have stood if there had been no correspondence
-between the ordering of the goods and their shipment.
-It is barely possible that the correspondence may contain
-some modification of the original contract, introduced
-into it by mutual consent, which would give the buyer the
-right he now claims. If the original contract was allowed to
-stand as made then the buyer has mistaken his remedy if
-he had any remedy at all. The goods were offered in fulfillment
-of the contract. He could accept them as such, or
-reject them. Having rejected them, it is possible that he
-would have had a claim against the seller for failure to
-deliver the goods in time. This much, however, is perfectly
-well settled. The buyer had no right to the goods at all
-except in fulfillment of his contract. If he accepts them, the
-contract is fulfilled and he cannot turn about and demand
-damages because it is not so. If he thinks the delivery is not
-a good one, because of delay, let him refuse it and then
-say that the contract has not been carried out. It has been
-or it has not been, and his acceptance of the goods shows
-that it has been.</p>
-
-<p class='c014'><b>Opinion No. 87.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>NOTICE TO AN AGENT IS NOTICE TO THE PRINCIPAL</h2>
-</div>
-
-<p class='c008'>Question.—A, a shipper in the South, ships to B, in New York,
-a carload of lumber at a price based on delivery f. o. b. New York
-City. The material is offered to B on a lighter at the agreed upon
-point of destination, and B, on inspecting it, comes to the conclusion
-that it is not what he ordered, and refuses to accept it, simply telling
-the railroad that the material is not what he ordered, and
-refuses to unload. B does not notify the shipper, A, and the latter
-knows nothing of B’s rejection or refusal to accept until about a
-month later, when he receives a notice from the railroad that B
-has rejected the material. A claims that B should have notified
-him immediately by mail or telegram that the material was not
-what he ordered, but B claims that he was not compelled to do
-so and that the fact that the railroad did not notify A until a month
-after was no concern of his. Is he right?</p>
-
-<p class='c013'>Reply: There is no rule of law known to us which would
-have required the buyer to notify the seller of his determination
-not to accept the goods in this case. If the buyer had
-taken the goods from the carrier he would have been bound
-to notify the seller of this subsequent rejection. If delivery
-had been made at the shipping point instead of f. o. b. destination,
-<span class='pageno' id='Page_74'>74</span>so that the carrier should have been agent of the
-buyer and not of the seller, the buyer’s duty to give notice
-would have been the same. As the case actually stands it is
-this: The seller himself or his agent, which amounts to the
-same thing, tenders the goods to the buyer and the buyer
-rejects them without having taken them into his custody.
-The seller or his agent immediately knows that they are rejected.
-How could notice add anything to that knowledge?
-If it is the seller’s agent who knows, and if the seller himself
-does not know, that is because the seller has not given
-proper instructions to his agent or because the agent has
-failed to follow them if they were given. In neither case is
-the buyer to blame. He has notified the seller’s agent that
-the goods are refused; that is all he can be required to do.
-If the refusal is not justified the seller has his remedy, of
-course. If it was justified the seller has sufficient notice
-of it. Our correspondent says the seller complains because
-the buyer did not notify him “immediately by mail or telegram
-that the material was not what he ordered.” That is
-absurd in any case. The seller knew as well as the buyer,
-and knew before the buyer did whether the goods sent were
-such as the buyer had ordered or not. Why should he
-be notified of a fact that he knew already.</p>
-
-<p class='c014'><b>Opinion No. 88.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>ASSESSMENT OF FOREIGN CORPORATIONS.</h2>
-</div>
-
-<p class='c008'>Inquiries are frequently made at this office as to the amount of
-tax which a foreign corporation must pay in States where a certificate
-is issued to such foreign corporations, authorizing them to do
-business under the State statutes. In computing the assessment or
-tax the State auditor gets his information from the reports which
-ought to be filed annually. The amount of tax assessed is predicated
-upon the amount of capital actually employed within the State,
-and if no capital is employed, no tax can be legally levied.</p>
-
-<p class='c014'><b>Opinion No. 89.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>A PRIVATE CUSTOM MAY BE ESTABLISHED TO SUPERSEDE A GENERAL CUSTOM.</h2>
-</div>
-
-<p class='c015'>It seems to be a generally accepted custom in the lumber trade
-that using a shipment of lumber, even though there be a dispute
-regarding the grade, constitutes an acceptance of the shipment as
-invoiced unless the shipper has authorized the purchaser to use a
-part or all of the lumber in dispute. Our Legal Department has received
-some claims for members on disputed shipments where, from
-<span class='pageno' id='Page_75'>75</span>an examination of the correspondence, it appeared the member had
-a valid claim for the full amount of the invoice. After negotiations
-with the buyers it developed that in past transactions allowances
-were made on several shipments where the grade was in dispute,
-after the lumber had been used. We have had occasion to go into
-such matters with our attorneys and the latter are of the opinion
-that where a sufficient number of adjustments have been made
-on such a basis, practically acquiescing in the buyers using a part
-of the lumber, would prejudice a claim on a subsequent shipment
-where the shipper attempted to take advantage of his right of recovery.
-Frequently disputed claims of this character are small and
-have to be tried before a local jury and our attorneys have stated
-that the custom of having made allowances in the past after lumber
-was used would have some bearing with a jury on a subsequent
-deal, and possibly be construed by the court as a private custom
-apart from the general trade custom.</p>
-
-<p class='c014'><b>Opinion No. 90.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>AN ORDER MAY BE CANCELED ONLY WHEN BUYER BECOMES INSOLVENT.</h2>
-</div>
-
-<p class='c008'>Question.—A buyer places an order with a mill for five cars of
-lumber, deliveries to be one car a month. At the time of the purchase
-the buyer is in good financial standing and signed copies of the
-contract are exchanged between the buyer and seller. After three
-deliveries have been made information reaches the seller that the
-financial standing of the buyer has changed for the worse; that is,
-he has committed no act of bankruptcy, but a commercial agency
-has reduced his capital and credit rating. The seller requests the
-buyer to anticipate the payment of some of the previous shipments
-before he will agree to make further shipments. The buyer refuses
-to comply with this request and asks for the delivery of the balance.
-The seller thereupon makes no further deliveries, but when the bills
-for the goods delivered become due, demands payment. The buyer
-refuses on the ground that the seller has not carried out his part of
-the contract. On these facts please tell us what the law in this case
-would be.</p>
-
-<p class='c013'>Reply: One who has sold goods on credit is not justified
-in refusing delivery simply because the buyer’s financial
-standing changes for the worse between the time of sale and
-the time of delivery. In the case here put, for example, there
-is nothing to show that the buyer is not now amply able to
-pay for the goods, or that the contract would have been
-declined by the seller if the buyer’s rating at the time had been
-<span class='pageno' id='Page_76'>76</span>what it is now. The seller is entitled to refuse delivery only
-if the buyer, before delivery is made, commits any act of
-insolvency. He need not become a bankrupt or make an
-assignment for creditors. He is insolvent, within the meaning
-of this rule, if he fails to pay any just and admittedly
-proper debt promptly upon its due date. As long as he is
-paying his bills whenever they fall due the seller has no
-ground upon which to declare that he is not “keeping his
-credit good,” if the buyer in this case is not solvent, as the
-word is here defined, the seller need not continue the deliveries.
-If the buyer is solvent the seller is not justified in his
-position. In that case the buyer need not pay for the goods
-already delivered until the time named in the contract for
-payment arrives, and he has a valid claim for damages arising
-out of the seller’s failure to make the other deliveries in
-strict accordance with the contract.</p>
-
-<p class='c014'><b>Opinion No. 91.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>A BUYER HAS A CLAIM WHEN HE ACCEPTS A DRAFT ON INFERIOR LUMBER.</h2>
-</div>
-
-<p class='c008'>Question.—We bought a car of lumber through a broker. Terms
-were: Sight draft with bill of lading attached for three-fourths of
-the amount of the invoice, the balance to be paid on arrival and
-inspection. We accepted the draft on presentation and when the car
-arrived we instructed our truckmen to draw the lumber in. Upon
-examination we found that it was all more or less below grade.
-We wired shippers accordingly and asked for instructions. We also
-wrote them a letter to the above effect and told them that we could
-not use the lumber and that we would hold it for their instructions.
-Do we need to keep the shipment? Can we compel sellers to return
-us the amount of the draft and freight charges?</p>
-
-<p class='c013'>Reply: The buyers are not bound to accept any lumber
-not in accordance with the order. They have a valid claim
-against the sellers for the amount already paid towards the
-purchase of the goods, for the amount expended for freight
-and for any other useless expense to which the buyers were
-put as a result of the sellers’ failure to do their contract
-duty. The buyers also have a claim for damages, if any,
-caused by the breach of contract on the part of the sellers.
-The latter were bound to supply lumber regularly sold and
-accepted by the trade under the terms covering the grade in
-question, and their failure so to do was an actionable breach
-of contract.</p>
-
-<p class='c014'><b>Opinion No. 92.</b></p>
-
-<div class='chapter'>
- <span class='pageno' id='Page_77'>77</span>
- <h2 class='c004'>CONTRACT OF SALE.</h2>
-</div>
-
-<p class='c008'>Delivery by Installments—Successive Recoveries by the Vendee
-Not Permissible.</p>
-
-<p class='c009'>When a party contracts to deliver goods by installments, for
-example—Several carloads of lumber to be shipped at different
-intervals but fails to deliver one or more of such installments, the
-vendee may repudiate the contract and sue for damages. If he brings
-the action prior to the time for the delivery of the last installments,
-he can only recover for such installments as are past due and such
-recovery bars him from afterwards bringing an action and recovering
-thereon for the remaining installments or deliveries.</p>
-
-<p class='c014'><b>Opinion No. 93.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>DUTY OF VENDOR TO MINIMIZE LOSS WHEN VENDEE REFUSES TO ACCEPT GOODS.</h2>
-</div>
-
-<p class='c008'>It occasionally happens that a purchaser of a car of lumber
-refuses to accept same and leaves it at the mercy of the railroad company
-or common carrier. In this way demurrage piles up and other
-loss may arise and the shipper hesitating, for fear of compromising
-himself, refuses to do anything with the lumber on his part. This
-is generally a mistake because it is the duty of the shipper to make
-the loss, if any, as small as possible and it is always safe to first
-notify the vendee, who has refused to receive the goods that he, the
-shipper, will endeavor to dispose of them in the best possible manner
-and hold the vendee responsible for any loss or damage thereby.
-In this case he may have to have the goods sold elsewhere or
-returned to him, and it is always advisable to endeavor to have
-them inspected by two or three competent parties in order to establish
-the market value and to ascertain that the defects, if any,
-claimed by the vendee, do not exist.</p>
-
-<p class='c014'><b>Opinion No. 94.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>ACCORD AND SATISFACTION.</h2>
-</div>
-
-<p class='c008'>If a buyer of lumber, disputing the quantity or quality, sends a
-check for an amount less than the invoice to the seller, does the
-seller in accepting the same preclude himself from recovering the
-balance of the account? This situation occurs, we believe, often in
-lumber circles and very frequently the remittance is accompanied by
-<span class='pageno' id='Page_78'>78</span>a letter or some notice written on the check to the effect that it is
-sent as a settlement in full and some go so far as to add that if
-accepted by the creditor it must be at his peril so far as the remainder
-of the invoice or account is concerned. The law on this point is
-generally similar to that of the State of New York wherein it is well
-settled that the acceptance or use of such a remittance does not stop
-or prevent the creditor from recovering the balance of the debt
-from its debtor unless there has been an honest dispute as to the
-amount of indebtedness or the existence of any indebtedness at all.
-This is what is termed an unliquidated account or claim and in such
-a case, when one tenders an amount to be accepted in full or rejected
-and the other accepts the remittance, it is a complete accord and
-satisfaction. The rule is different when the amount or debt is certain
-and there is only a dispute between the parties concerning
-questions of shortage, quality, etc. This is what is termed a liquidated
-claim and the acceptance of a remittance to be a full settlement
-does not preclude the creditor from using the remittance, crediting
-the same to the account of the debtor and suing for the balance.</p>
-
-<p class='c014'><b>Opinion No. 95.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>CANCELLING AN ORDER BEFORE SHIPMENT—EFFECT OF SAME.</h2>
-</div>
-
-<p class='c008'>Many lumbermen take orders from their customers through
-traveling men or other representatives. Usually the orders are written
-down in a manifold book and often are signed by the buyer.
-The order is usually taken subject to confirmation by the house or
-home office. This acceptance or confirmation is customarily made
-by acknowledgement of the order in writing to the purchaser. The
-question in point is whether or not, if an agent has taken an order
-as above, can the purchaser cancel the order and his obligation to
-accept the lumber? In a case in this State a purchaser of merchandise
-placed the order with the traveling man and later wrote to the
-house cancelling the same, as he found he could buy similar goods
-for less money. The purchaser wrote before the seller had communicated
-any acceptance or intention to fill the order which had
-been given to the seller’s representative. Some correspondence
-ensued in which the seller refused to cancel the order and later
-shipped the goods to the purchaser, who refused to receive them.
-The action resulted in a judgment in favor of the seller, which was
-reversed on appeal, in which numerous authorities were cited by the
-<span class='pageno' id='Page_79'>79</span>Appellate Court holding substantially as follows—“An order or
-request in writing, addressed to a dealer or his agent to ship to the
-writer on or before a date named, goods of a kind specified, for
-which the writer agreed to pay a price named, does not constitute a
-contract until accepted or acted upon by the vendor and may be
-withdrawn at any time before acceptance.”</p>
-
-<p class='c009'>It is obvious that the result would be different were the vendor
-to have signified his acceptance of the order prior to the cancelling
-or withdrawal of same by the purchaser, as we would then have a
-valid contract, which could not be cancelled without mutual agreement.</p>
-
-<p class='c009'>In this connection it might be well to add that in business transacted
-by mail, the general rule is that the time of the mailing or
-depositing in the mail of a letter is the presumptive time of the communicating
-of the facts therein to the party to whom the letter is
-addressed, hence when an order is sent by mail, another letter withdrawing
-the order, if mailed prior to the mailing of the acceptance
-by the other party, is a complete cancellation of the order in the
-first letter. In other words, the law does not take into account the
-periods elapsing by reason of the means of communication but only
-the acts of the parties in so far as the time of such acts is considered
-to have taken place.</p>
-
-<p class='c014'><b>Opinion No. 96.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>DISCHARGE IN BANKRUPTCY—WHAT WILL PREVENT.</h2>
-</div>
-
-<p class='c008'>Under the amendment to the National Bankruptcy Law as
-amended in February, 1903, the rules relating to discharge of bankrupts,
-are somewhat changed. Many parties are interested ofttimes
-in preventing the discharge of a bankrupt for no other reason than
-that they are creditors who believe that the bankrupt has not been
-honest in his dealings and irrespective of motives of personal enmity
-feel that the welfare of the business community is served by preventing
-the bankrupt from being discharged and re-entering into
-business. Probably the act that will prevent a discharge that most
-often appeals to the creditor is that the bankrupt obtained goods on
-a false statement in writing. This, if shown, will prevent the discharge,
-the law reading in this respect, as follows: “Obtained
-property on credit from any person upon materially false statement
-<span class='pageno' id='Page_80'>80</span>in writing made to such person for the purpose of obtaining such
-property on credit.” It is obvious that the party who urges this
-objection must be the one who has been injured thereby.</p>
-
-<p class='c009'>Other debts not dischargeable in bankruptcy are taxes levied by
-the United States, the State, county, district or municipality in
-which bankrupt resides, and others of no practical interest to merchants.
-In addition to the above are those debts which have not been
-duly scheduled by the bankrupt in the proceeding in time for proof
-and allowance, with the name of the creditor if known to the bankrupt,
-unless such creditor had notice or actual knowledge of the
-proceedings in bankruptcy; or were created by his fraud, embezzlement,
-misappropriation, or defalcation, while acting as an officer or
-in any fiduciary capacity.</p>
-
-<p class='c014'><b>Opinion No. 97.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>SALES—OF AN INDEFINITE QUANTITY.</h2>
-</div>
-
-<p class='c008'>A purchaser of a quantity of merchandise ordered by letter two
-hundred to three hundred tons of a certain article to be delivered
-within the following six months as wanted. The vendor duly
-acknowledged receipt of the order and accepted same, stating that
-they would deliver a certain quantity in the immediate future and
-balance as ordered within the following six months. Thereafter,
-the vendor delivered a certain portion of the merchandise for which
-it was paid with the exception of one installment, which the vendee
-refused to pay for alleging that the vendor had refused to deliver
-further installments. The purchaser sued the vendor for damages
-for breach of contract in failing to deliver the balance of the contract.
-The Court held that by the terms of the order the vendor
-could not insist on the purchaser taking more than the two hundred
-tons but the purchaser on his part could insist within the six months
-period upon the vendor delivering the remaining hundred tons, it
-appearing that two hundred tons had been already delivered. In
-fact, it was an option which the vendee could enforce but not the
-vendor.</p>
-
-<p class='c009'>The above is a brief outline of an action decided in the Appellate
-Court in New York and applies as well to an executory sale of
-lumber, many similar orders being placed among lumbermen.</p>
-
-<p class='c014'><b>Opinion No. 98.</b></p>
-
-<div class='chapter'>
- <span class='pageno' id='Page_81'>81</span>
- <h2 class='c004'>LIABILITY OF BANK FOR FAILURE TO GIVE NOTICE OF PROTEST TO ENDORSER UPON NOTE RECEIVED FOR COLLECTION.</h2>
-</div>
-
-<p class='c008'>That it is the legal obligation of a bank, which receives a note for
-collection to use all diligence to give notice of its dishonor to all
-endorsers is set forth in a decision of the Appellate Division of the
-New York Supreme Court (Howard vs. Bank of Metropolis, 95
-App. Div. 342).</p>
-
-<p class='c009'>One H., who was the owner of a promissory note made by one S.,
-and indorsed by G., delivered the note to a bank for collection and
-left with it a card giving G.’s full name and address, stating that he
-wished the note carefully protested as he expected to hold the
-endorser, the maker not being responsible, and that he would not
-be in the city when the note fell due. The maker of the note having
-failed to pay it when due, the bank sent it to its Notary for protest,
-but failed to deliver to the Notary the card bearing the name and
-address of the endorser, and informed the Notary that the endorser’s
-address was unknown. The Notary made out two notices of protest,
-one directed to H. and the other to G. Both notices were placed
-in an envelope and sent to H., who did not receive them, being out
-of town.</p>
-
-<p class='c009'>The Court held the bank responsible and in rendering its opinion
-referred to a prior New York case entitled First National Bank
-vs. Fourth National Bank (77 N. Y. 320) and quoted “it is the duty
-of an agent who receives negotiable paper for collection, in case such
-paper is not paid, so to act as to secure and preserve the liability
-thereon of all the parties prior to his principal, and if he fails in this
-duty and thereby causes loss to his principal, he becomes liable for
-such loss.”</p>
-
-<p class='c014'><b>Opinion No. 99.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>ACCOUNTS STATED.</h2>
-</div>
-
-<p class='c008'>The Settlement of Accounts and Striking of a Balance Between
-Parties—What It Consists Of.</p>
-
-<p class='c009'>Upon merchandise accounts which embrace many items or cover
-transactions running through a long period it is often wise to
-strike a balance or to bring about an agreement between the creditor
-and debtor as to the exact amount owing thereon. The value of such
-<span class='pageno' id='Page_82'>82</span>arrangement becomes of great moment when at a later date attempt
-is made to enforce collection of the account. It obviates the necessity
-proving various material matters such as the delivery of the
-various items charged to the debtor; that they were accepted by the
-debtor; that they were of the kind called for by the contract of sale;
-that there was a full number or count; that the agreed prices were as
-charged. The fixing of a balance upon a running account is legally
-known as the <i>stating of an account</i> and an account so fixed is an
-“account stated.”</p>
-
-<p class='c009'>A running account becomes an “account stated” by agreement
-either express, or implied by acquiesence, between the parties, that
-a definite amount or sum is owing from one to the other. No particular
-form of words is essential and neither must it be in writing,
-although a written expression is of more ready proof and, therefore,
-preferable. An express admission, either verbally or by letter,
-of the correctness of an account constitutes an account stated.—(Vernon
-v. Simmons, 7 N. Y. Supp. 649.)</p>
-
-<p class='c009'>In the above case the debtor retained accounts received from his
-creditor without objection or replying and subsequently acknowledged
-orally the receipt of the letter containing them and promising
-to pay later on, and it was held that the creditor could sue upon an
-account stated. It is not necessary that the account should be
-signed by the parties to make it an account stated. It is enough
-that it has been examined and accepted by the party and this acceptance
-need not be expressed; it may be implied from circumstances
-such as keeping it without objection beyond a reasonable time. As
-to what is an unreasonable time depends on circumstances largely
-and it has been held that two months was sufficient, although generally
-a longer time would be more conclusive. This acquiesence,
-however, may be explained by the debtor, which would nullify the
-apparent acceptance, but without such satisfactory explanation the
-situation is prima facie against him. Where the indebtedness has
-been expressly denied, the retention of the account does not bind the
-debtor.—(Austin v. Wilson, 11 N. Y. Supp. 565.)</p>
-
-<p class='c009'>In bringing an action on an account stated if the plaintiff is
-defeated through failure to prove the agreement as to the amount
-or the fact that an “account was stated;” he would not be debarred
-from bringing another action to recover for the various items comprising
-the account.</p>
-
-<p class='c014'><b>Opinion No. 101.</b></p>
-
-<div class='chapter'>
- <span class='pageno' id='Page_83'>83</span>
- <h2 class='c004'>ACCEPTANCE OF GOODS—WHEN SUFFICIENT TO BIND PURCHASER.</h2>
-</div>
-
-<p class='c008'> It is a daily occurrence in the lumber trade that a purchaser
-finds some objection to the quality or quantity of lumber shipped to
-him on order. Frequently in such case, without any communication
-with the shipper a purchaser feels warranted in using such portion
-of the lumber as suits him, relying on an assumed right to lay aside
-the balance for the account of the shipper, with the idea that he
-may reject it entirely or obtain some reduction in the price. The
-general rule laid down by the courts in cases of this sort is as follows:
-Where the vendee of goods, purchased without warranty,
-after full opportunity for an inspection, accepts them without objection
-when delivered, he cannot, in an action against him to recover
-the price defend upon the ground that they did not conform to the
-contract of sale.—(Smith vs. Coe, 170 N. Y. 162.)</p>
-
-<p class='c009'>If the purchaser, upon the receipt of the goods, makes objection
-to the quality, but, without the express permission of the seller,
-uses a portion, it is held that by so doing he tacitly waives his objection
-and his acts amount to an acceptance of the entire lot.—(Coplay
-Iron Co. vs. Pope, 108 N. Y. Appeals, 232.)</p>
-
-<p class='c009'>In the above case, which involved a transaction in pig iron, the
-purchaser complained of the shipment and upon being sued for the
-purchase price set up a claim for damages by reason of the alleged
-defective quality and it was held “where after discovery or opportunity
-to discover any defect in goods delivered under an executory
-contract of sale, the vendee neither returns or offers to return the
-property nor gives the vendor notice or opportunity to take it back,
-in the absence of a collateral warranty or agreement as to quality,
-he is conclusively presumed to have acquiesced and may not thereafter
-complain of the inferior quality.”</p>
-
-<p class='c009'>When a car constitutes but a portion of the order, which was in
-the nature of one contract for a number of cars, the purchaser cannot
-object to the quality and retain the initial car and decline to
-receive the balance of the shipment. The contract of sale being an
-indivisible one in law, the purchaser by his acceptance of the initial
-shipment and failure to return it, is conclusively presumed to have
-acquiesced in the quality of the lumber offered him and waived any
-objection to the remainder of the shipment order provided it is the
-same as the first car.</p>
-
-<p class='c009'><span class='pageno' id='Page_84'>84</span>In the case of Weil vs. The Unique Electric Device Co., Reported
-in 39 Misc. (New York 1902), page 527, a vendor sought to recover
-the stipulated purchase price of certain merchandise sold to the
-defendant, consisting of some 3,000 electric batteries, of which 1,000
-were delivered and paid for, but the purchaser refused to accept the
-balance on the ground that the quality was not according to the
-agreement. The court held that the contract of sale was an entire
-one and it was the duty of the purchaser to receive balance of the
-order, provided they were of similar quality to the lot already delivered.
-That when the purchaser received the first lot and found them
-unsatisfactory, it was its duty to rescind the sale and return, or offer
-to return the goods; and its failure so to do was an acquiesence on
-its part of the quality of the goods in question.</p>
-
-<p class='c009'>The above discussion leaves for further consideration the question
-when a purchaser though bound to take goods and chargeable
-with their full price, may hold the seller liable for damages for
-breach of express or implicit warranty.</p>
-
-<p class='c014'><b>Opinion No. 102.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>CONTRACT OF SALE—STATING ESTIMATES OF MAXIMUM AND MINIMUM AMOUNT.</h2>
-</div>
-
-<p class='c008'>It is the custom of many merchants, with a view doubtless of
-securing the best possible terms and yet to leave a loophole, whereby
-they can take only such an amount as they desire, to give the vendor
-a general idea of their requirements.</p>
-
-<p class='c009'>In Heisel vs. Volkman, reported in Volume 55, New York
-Appellate Division, page 607, a dealer wrote to a manufacturer of
-certain kinds of merchandise asking for “prices for supplying our
-requirements,” stating “we estimate our yearly requirements at from
-five to ten million pieces. Are confident that they will not be less
-than the smaller amount and reasonably certain that they will come
-up to or exceed the larger one,” to which the manufacturer replied,
-“I would be willing to make a yearly contract with you from five to
-ten million pieces, etc.” The purchaser did not take the minimum
-amount of five million pieces during the period in question and the
-manufacturer sued to recover the purchase price of the difference,
-having, of course, done what was necessary in respect to making a
-tender of delivery. The court held that the purchaser was obligated
-to take and pay for at least five million pieces, even if his
-requirements for the year fell substantially short of that amount
-<span class='pageno' id='Page_85'>85</span>and that the seller in making his price had a right to rely upon the
-minimum amount stated by the buyer.</p>
-
-<p class='c009'>Attention is called to this for the reason that the same rule
-would apply to a transaction in lumber and because many of the
-trade are in the habit of making contracts upon similar conditions
-and referring in elastic terms to their probable requirements.</p>
-
-<p class='c014'><b>Opinion No. 103.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>CERTIFICATION OF CHECK—RELEASES THE MAKER.</h2>
-</div>
-
-<p class='c008'>Attention is called to the fact that under the law of New York
-State the procuring of the certification of a check by the holder from
-the bank or banker upon which it is drawn is equivalent to the
-acceptance of a bill of exchange and releases the drawer.—(Meurer
-vs. Phœnix National Bank, 94 App. Div. (N. Y.) 331.)</p>
-
-<p class='c014'><b>Opinion No. 104.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>SALES—STOPPAGE IN TRANSIT.</h2>
-</div>
-
-<p class='c008'>The right to stop a shipment in transit is based on the existence
-of a lien in favor of the seller, which continues until the goods have
-reached the actual physical possession of the buyer. So long as the
-goods are in the hands of a carrier the seller may, given the proper
-conditions, reclaim the goods. This is so even if the carrier is one
-designated or selected by the purchaser. A fraudulent sale of the
-goods by the purchaser to third parties will not defeat the right of
-stoppage, nor will seizure under attachment or execution issued
-against the purchaser provided the right is exercised before the
-transit is at an end.</p>
-
-<p class='c014'><b>Opinion No. 105.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>FOREIGN CORPORATION LAWS.</h2>
-</div>
-
-<p class='c008'>Necessity of Filing Certificates, Etc., in West Virginia, Indiana,
-Tennessee, Mississippi, Kentucky, Ohio,
-Michigan, New York.</p>
-
-<p class='c009'>One of our members recently had an attorney examine the corporation
-laws of several States and give an opinion concerning
-the advisability of filing corporate certificates, securing so-called
-licenses, etc., in the various States wherever the member was making
-<span class='pageno' id='Page_86'>86</span>sales. The States referred to are West Virginia, Indiana, Tennessee,
-Mississippi, Kentucky, Ohio, Michigan and New York. This information
-may be helpful to other members, and a copy of the opinion
-follows:</p>
-
-<p class='c011'><span class='sc'>West Virginia.</span>—Every corporation whose principal
-place of business is located out of the State must pay an
-annual license tax as follows: If the authorized capital is
-not more than $25,000, $20; not more than $100,000, $50;
-not more than $1,000,000, $50; an additional forty cents on
-each $1,000 in excess of $100,000. No other taxes are assessed
-unless it has personal or real estate in West Virginia. Such
-foreign corporations may be authorized to hold property and
-do business in the State by certificate of the Secretary of the
-State that they have filed with him a copy of their articles of
-association, which certificate with a copy of the charter must
-be filed with and the certificate recorded by, the Clerk of the
-County Court of such county in which their business is conducted.
-A foreign corporation obtaining the above mentioned
-certificate authorizing to hold property and do business in
-West Virginia has the powers, rights and privileges and is
-subject to the same regulations, restrictions and liabilities that
-are conferred by statutes of West Virginia on domestic
-corporations.</p>
-
-<p class='c011'>Every foreign corporation which shall do business in the
-State without having obtained such certificate and having it
-filed and recorded according to law shall be guilty of misdemeanor,
-and upon conviction shall be fined not less than $50,
-nor more than $1,000 for each month its failure so to comply
-shall continue.</p>
-
-<p class='c011'><span class='sc'>Indiana.</span>—Every foreign corporation, except railroad and
-telegraph companies, built before March 15, 1901, and insurance
-companies must maintain a public business office in
-Indiana and must designate a representative in Indiana on
-whom service of process may be had. Such foreign corporations
-are subject to the liabilities, restrictions and duties
-imposed upon domestic corporations. They must before being
-permitted to do business in Indiana file in the office of the
-Secretary of State certified copy of its articles of incorporation,
-and a statement sworn to by the principal or agent in
-Indiana of the proportion of the capital stock of such corporation
-represented by its property located and business
-transacted in Indiana, and must pay in the office of the Secretary
-of State upon such proportion incorporation fees equal
-to those required of domestic corporations. The Secretary of
-State shall then issue a certificate authorizing such corporation
-to do business. Until this law is complied with, demands
-of a foreign corporation, whether arising out of contract or
-<span class='pageno' id='Page_87'>87</span>tort, cannot be enforced in the courts of Indiana, and such
-corporation is subject to a fine of not less than $1,000. Fee
-for filing articles of incorporation of a corporation with capital
-stock of $10,000 or under is $10, over $10,000, one-tenth
-of one per cent. upon authorized capital. No annual State tax
-on corporation as such.</p>
-
-<p class='c011'><span class='sc'>Tennessee.</span>—Foreign corporations must file in the office
-of the Secretary of State a copy of its charter and cause an
-abstract of same to be recorded in the office of the Register of
-each county in which such corporation purposes to carry on
-its business or to acquire and own property. Penalty for
-failure to do so shall subject the offender to a fine of not less
-than $100 nor more than $500. They must pay in the office of
-the Secretary of State a tax or license of $100 to exercise
-such privilege.</p>
-
-<p class='c011'><span class='sc'>Mississippi.</span>—Foreign corporations may sue and be sued
-and are liable to be proceeded against by attachment or otherwise,
-as individual non-residents are liable. The acts of their
-agents shall have the same force as the acts of agents of
-private persons within the scope of their power. They cannot
-recover on any contract made in the State or cause action
-originating therein which is in violation of laws or policies of
-States. No general statutes about taxation of foreign corporations.
-Subject governed in main by common rule as to
-taxes, but they are required to file with the Secretary of State
-certified copy of their charter for record, for which a graduated
-fee is fixed.</p>
-
-<p class='c011'><span class='sc'>Kentucky.</span>—If the corporation be organized under the
-laws of another State a board shall fix the value of the capital
-stock determined from the amount of the gross receipts of the
-corporation in Kentucky and elsewhere the proportion which
-the gross receipts in Kentucky bear to the entire gross receipts.
-The same proportion of the value of the entire capital stock,
-less the assessed value of tangible property in the State, shall
-be the correct value of the corporation franchise for taxation.
-Reports must be made and failure is a misdemeanor punishable
-by a fine of $1,000 and $50 for each day.</p>
-
-<p class='c011'><span class='sc'>Ohio.</span>—Foreign corporations are forbidden to do business
-until they have procured from the Secretary of State certificate
-that they have complied with the requirements of law
-which authorize them to do business in the State, and until
-said companies shall have caused the proportion of their
-capital stock employed within the State to be determined by
-the Secretary of the State, and shall have paid to him a fee of
-one-tenth of one per cent. upon such amount and obtained his
-certificate of such payment. No foreign corporation doing
-business in the State can maintain any action upon any contract
-made by it in the State until it has procured such certificate.
-<span class='pageno' id='Page_88'>88</span>The corporation must file with the Secretary of State
-due copy of its charter and statement under seal of the
-amount of its stock, the nature of its business and state which
-is to be its principal place of business, designating a person
-upon whom process against such corporation may be served.
-The person so designated must have an office where the corporation
-is to have its principal place of business within the
-State. Corporations complying with these requirements are
-exempt from attachment on the ground that they are foreign
-corporations.</p>
-
-<p class='c011'><span class='sc'>Michigan.</span>—Foreign corporations filing in the office
-of the Secretary of State certified copy of articles of incorporation
-and an appointment of an agent in this State for
-service of processes may carry on their business in Michigan.
-Foreign corporations may bring suits on furnishing security
-for costs.</p>
-
-<p class='c011'><span class='sc'>New York.</span>—No foreign corporation shall do business
-without first procuring from the Secretary of State certificate
-that it has complied with requirements of law. License fee
-shall be paid. No foreign corporation can do business in New
-York or sue on contract made there unless it has procured
-such certificate prior to the making of the contract. Selling
-goods through a factor within the State is not covered by
-this prohibitive clause. Before granting such certificate foreign
-corporation must file with Secretary of State copy of its
-charter and a statement setting forth its business, its principal
-place of business within the State and designating the person
-upon whom processes may be served. Such person must
-have an office within the State, where the principal place of
-business of such corporation is located. Foreign corporations
-must pay to State Treasurer a license fee of one-eighth of one
-per cent. for privilege of exercising its corporate franchise in
-New York, to be computed upon the amount of capital stock
-employed within the State during its first year of business.</p>
-
-<p class='c014'><b>Opinion No. 106.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>CONTRACTS FOR CARLOADS SEPARABLE.</h2>
-</div>
-
-<p class='c008'>Where a contract was made for three carloads of a company’s
-No. 1 white cedar shingles and the purchaser accepted and paid for
-two carloads, but refused to accept the third because of alleged inferior
-grade and quality, and because the shingles were not made by
-said company, the Supreme Court of Minnesota holds that the contract
-as to the three carloads was separable, so that the purchaser’s
-payment and the seller’s acceptance of payment for two carloads did
-<span class='pageno' id='Page_89'>89</span>not prevent the seller from beginning an action to recover the purchase
-price of the third carload nor the purchaser from defending
-therein. The court also holds that a buyer, seeking to reject an
-article as not in accordance with the contract of sale, must do nothing
-after he discovers the true condition inconsistent with the seller’s
-ownership of the property.—Duluth Log. Co. vs. John C. Hill Co.,
-124 N. W., 967.</p>
-
-<p class='c014'><b>Opinion No. 107.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>WARRANTY SURVIVES ACCEPTANCE.</h2>
-</div>
-
-<p class='c008'>Where one attempting to sell shingles stated in a letter that “They
-are mighty good shingles, they are as good as you could get anywhere,”
-it was a warranty of their quality. Where a buyer of
-shingles accepts shingles which he knows are of a grade inferior to
-what the seller warranted, the buyer does not waive the warranty,
-and he can defend against an action for the price on that ground.
-(Texas Court of Civil Appeals.) Harroll vs. McDuffie, 128 S. W.
-Rep., 1149.</p>
-
-<p class='c014'><b>Opinion No. 108.</b></p>
-
-<div class='chapter'>
- <h2 class='c004'>ACCEPTANCE OF LESS THAN INVOICE PRICE.</h2>
-</div>
-
-<p class='c008'>On arrival of a carload of shingles, the buyer complained of their
-quality, and for the purpose of securing an immediate settlement and
-avoiding further negotiations the seller agreed to accept a less
-amount for them than the full price if payment was made before a
-specified time. The buyer failed to make payment within such
-specified time and in a suit to recover for the full amount of the
-invoice it was held by the court that the seller could require payment
-under the circumstances of the full price. (Texas Court of Civil
-Appeals.) Harroll vs. McDuffie, 128 S. W. Rep., 1149.</p>
-
-<p class='c014'><b>Opinion No. 109.</b></p>
-
-<div class='nf-center-c0'>
-<div class='nf-center c016'>
- <div><span class='sc'>press of</span></div>
- <div><span class='sc'>John A. Phillips</span></div>
- <div><span class='sc'>new york</span></div>
- </div>
-</div>
-
-<div class='pbb'>
- <hr class='pb c003' />
-</div>
-<div class='tnotes'>
-
-<div class='chapter'>
- <h2 class='c004'>TRANSCRIBER’S NOTES</h2>
-</div>
- <ol class='ol_1 c002'>
- <li>Silently corrected typographical errors and variations in spelling.
-
- </li>
- <li>Retained anachronistic, non-standard, and uncertain spellings as printed.
- </li>
- </ol>
-
-</div>
-
-
-
-
-
-
-
-
-<pre>
-
-
-
-
-
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