Imperial Coal Co. v. Port Royal Coal Co.
This text of 20 A. 937 (Imperial Coal Co. v. Port Royal Coal Co.) is published on Counsel Stack Legal Research, covering Supreme Court of Pennsylvania primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
We have examined this voluminous record with some care, and find it free from error. The only matter calling for comment is raised by the eighteenth assignment, and refers to the question of damages. While it is undoubtedly true that mere speculative profits cannot be recovered in an action for breach of contract, a careful examination of the assignment shows that the profits in question were not within this rule. The jury have found the contract to be as plaintiff alleged ; that it was an entire contract; that the defendant was to furnish plaintiff with enough coal to keep its sixty ovens in operation for six months, and that the price was to be one dollar per ton. The profits in such case were not speculative; they did not depend upon the fluctuations of the market, or the demand for coke, and they could be ascertained with mathematical accuracy. As the plaintiff corporation was obliged to equip itself at a heavy expense to perform the contract, it is only just that upon its breach it should recover for the net profits which it certainly would have made.
Judgment affirmed.
Free access — add to your briefcase to read the full text and ask questions with AI
Related
Cite This Page — Counsel Stack
20 A. 937, 138 Pa. 45, 1890 Pa. LEXIS 1235, Counsel Stack Legal Research, https://law.counselstack.com/opinion/imperial-coal-co-v-port-royal-coal-co-pa-1890.