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" If, under guise of such a contract, the real intent be merely to speculate in the rise or fall of prices^ and the goods are not to be delivered, but one party is to pay to the other the difference between the contract price and the market price of the... "
Cases Argued and Decided in the Supreme Court of the United States ... - Page 223
by United States. Supreme Court - 1886
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Journal of the Royal Agricultural Society of England, Volume 54

Royal Agricultural Society of England - Agriculture - 1893 - 1182 pages
...prices, and the goods are not to bo delivered, but one party is to pay the other the difference between the contract price and the market price of the goods,...constitutes nothing more than a wager, and is null and void. And this is now the law in England, by force of the statute of 8 & 0 Viet. c. 100, 8. 18, altering...
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Albany Law Journal, Volume 40

Law - 1890 - 542 pages
...and the goods are not to be delivered, but one party is to pay to the other the difference between the contract price and the market price of the goods...constitutes nothing more than a wager, and is null and void under the statute." The statute referred to by the anthor is that of 8 and 9 Victoria, chapter 109,...
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Albany Law Journal, Volume 37

Law - 1888 - 556 pages
...purchase and saleof personal property ordinarily, the proper measure of damages is the difference between the contract price and the market price of the goods at the time when the contrsct is broken. This rule may be varied according to the principles established in...
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A Treatise on the Law of Sale of Personal Property: With References to the ...

Judah Philip Benjamin - Sales - 1877 - 984 pages
...and the goods are not to be delivered, but one party is to pay to the other the difference between the contract price and the market price of the goods...executing the contract, then the whole transaction conGrizewood stitutes nothing more than a wager, and is null and void D. Blanc. un(jer the statute....
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The Federal Reporter: Cases Argued and Determined in the ..., Volumes 149-150

Law reports, digests, etc - 1907 - 2094 pages
...contract shall be discharged by the payment of one party to it to the other of the difference between the contract price and the market price of the goods at the date fixed for their delivery, is void, because the contract evidences a wager. Irwin v. Williar, 110 US 499, 508,...
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Reports of Cases Argued and Determined in the Supreme Court of ..., Volume 3

Benjamin James Lea - Law reports, digests, etc - 1880 - 820 pages
...prices, and the goods are not to be delivered, but one party is to pay the other the difference between the contract price and the market price of the goods at the dates fixed for executing the contracts, then the whole transaction constitutes nothing more than a...
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The Federal Reporter: Cases Argued and Determined in the ..., Volumes 57-58

Law reports, digests, etc - 1894 - 2096 pages
...of damages on the seller's failure to deliver goods according to contract is the difference between the contract price and the market price of the goods at the time when, and the place where, they should have been delivered; and that when goods are sold by sample,...
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A Treatise on the Law of Sale of Personal Property: With References to the ...

Judah Philip Benjamin - Les Salles-sur-Verdon (France) - 1881 - 1076 pages
...and the goods are not to be delivered, but one party is to pay to the other the difference between the contract price and the market price of the goods...executing the contract, then the whole transaction conGrizewood "titutes nothing more than a wager, and is null and void v. Biane. under the statute,...
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Reports of Cases Argued and Determined in the Supreme Court of ..., Volume 54

Wisconsin. Supreme Court, Abram Daniel Smith, Philip Loring Spooner, Obadiah Milton Conover, Frederic King Conover, Frederick William Arthur, Frederick C. Seibold - Law reports, digests, etc - 1882 - 764 pages
...executory contract to sell and deliver goods, the measure of damages generally is, the difference between the contract price and the market price of the goods at the time and place of delivery specified in the contract. But this rule is inapplicable where the purchaser...
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City Court Reports: Containing Decisions of the Marine Court of ..., Volume 1

Daniel T. Robertson, New York (State). Marine Court (New York), Edward Jacobs - Law reports, digests, etc - 1883 - 646 pages
...and the goods are not to be delivered, but one party is to pay to the other the difference between the contract price and the market price of the goods at the date fixed for executing the contract, the whole transaction is nothing more than a wager, and is null and void. When a broker is privy to...
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