| Wilson and Corse v. Woods |
1797
|
Debt, Letter of Credit, Security, Bill of Exchange, Creditor, Succession |
Wilson and Corse, as pursuers, sued John Woods for breach of a guarantee letter he had written to authorize credit to the foreign buyer Gray. They argued that Woods’s liability extended beyond fifty casks under trade practice and the statute defining cask sizes. Woods responded by memorial, contending that his letter to Gray was merely an inquiry with conditional security rather than an unqualified mandate or obligation of cautionry. |
