Ryalls v. Moody
Ryalls v. Moody
Opinion of the Court
The court erred .in refusing to admit in evidence the draft of appellants on, and accepted by, J. P. Williams & Co. That the draft was such as the parties contracted should be given is conclusively shown by the fact that the appellees received it and presented it to Williams & Co. for acceptance. By the terms of the contract, appellees were entitled, in order to bind them to the trade, to have the unconditional acceptance of the draft by Williams & Co., within a few days. It was accepted within time, but the acceptance was not absolute, but conditional or qualified. This authorized appellees to reject it, if they had seen proper to do so. But so far as appears, they did not reject it. On the contrary, they received the draft, with the acceptance thereon, in due season, and retained it in their possession until the trial of this cause, when they produced it in court, on demand. It was competent for them to waive the conditional character of the acceptance, and this they did by retain
Reversed, non-suit set aside, and cause remanded.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.