Burlee Dry Dock Co. v. Besse

Citations

• 130 F. 444
• 64 C.C.A. 646
• 1904 U.S. App. LEXIS 4183

Syllabus

<p>1. Contracts — Construction—Payment.</p> <p>A contract for the purchase of certain vessels provided that in consideration thereof B. agreed to pay to the seller the sum of $65,750, as follows : $20,000 by drafts payable on certain dates, “and the note or notes of the A. Transportation Co. for the balance.” Held, that such agreement was unambiguous, and did not require payment of the whole consideration in money, so as to entitle the seller, on the nonpayment of one of the notes of the transportation company, to recover the amount thereof from B.’s estate.</p>