Oscar Schlegel Manufacturing Co. v. Peter Cooper’s Glue Factory
New York Court of Appeals
231 N.Y. 459 (1921)
- Written by Rich Walter, JD
Facts
Oscar Schlegel Manufacturing Company (Schlegel) (plaintiff) sold glue and other goods. Peter Cooper’s Glue Factory (Cooper) (defendant) offered to sell whatever glue Schlegel might need in 1916 for the same price and on the same terms contained in the parties’ 1915 contract. Schlegel accepted Cooper’s offer even though none of Schlegel’s 1915 customers as yet had renewed their glue orders for 1916. By the time those orders started coming in, the market price for glue had almost tripled, and Cooper refused to sell Schlegel any glue at the lower 1915 price. Schlegel sued Cooper for breach of contract. The trial court entered judgment for Schlegel, and a lower appellate court affirmed. Cooper appealed to the state court of appeals.
Rule of Law
Issue
Holding and Reasoning (McLaughlin, J.)
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