G. A. C. Commercial Corp. v. Wilson
United States District Court for the Southern District of New York
271 F. Supp. 242 (1967)
The St. Lawrence Pulp & Paper Corporation (St. Lawrence) allegedly loaded paper products into railroad cars on lines run by Norwood & St. Lawrence Railroad (Norwood) (defendant) for shipment to various in-state and out-of-state consignees. St. Lawrence sealed the cars and prepared straight bills of lading on blank forms provided by Norwood. Norwood’s agent signed the bills without inspecting the cars and without writing a notation such as “shipper’s weight, load, and count” on the bills. Using the goods described in these straight bills of lading as collateral, G. A. C. Commercial Corporation (GAC) (plaintiff) made loans to St. Lawrence. The rail cars were later discovered to be empty, and no goods were ever loaded or shipped. St. Lawrence went bankrupt. GAC sued Norwood in an attempt to recover the loans that were made to St. Lawrence. Norwood moved for summary judgment.
Rule of Law
Holding and Reasoning (Bryan, J.)
What to do next…
Unlock this case brief with a free (no-commitment) trial membership of Quimbee.
You’ll be in good company: Quimbee is one of the most widely used and trusted sites for law students, serving more than 97,000 law students since 2011. Some law schools—such as Yale, Vanderbilt, Berkeley, and the University of Illinois—even subscribe directly to Quimbee for all their law students. Read our student testimonials.
Learn more about Quimbee’s unique (and proven) approach to achieving great grades at law school.
Quimbee is a company hell-bent on one thing: helping you get an “A” in every course you take in law school, so you can graduate at the top of your class and get a high-paying law job. We’re not just a study aid for law students; we’re the study aid for law students. Read more about Quimbee.
Here's why 174,000 law students have relied on our case briefs:
- Written by law professors and practitioners, not other law students. 14,000 briefs, keyed to 188 casebooks. Top-notch customer support.
- The right amount of information, includes the facts, issues, rule of law, holding and reasoning, and any concurrences and dissents.
- Access in your classes, works on your mobile and tablet. Massive library of related video lessons and high quality multiple-choice questions.
- Easy to use, uniform format for every case brief. Written in plain English, not in legalese. Our briefs summarize and simplify; they don’t just repeat the court’s language.