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acceptance according action agent agreed agreement alleged amount appears appellant applied authority bank bill breach buyer capital carrier cause circumstances claim common condition consideration contract corporation course court creditors damages debt decision defendant delivered delivery demand directors document duty effect English entered entitled evidence existence express fact firm follows give given held hold holder horse indorsement intention interest issue judgment jury land liability matter means nature necessary negligence negotiable notice obligation offer opinion original owner paid parties partnership passed payable payment performance person plaintiff possession present principal promise purchase question reasonable received recover refuses relation Reports result rule says sell seller shares sold statement statute stockholders sues sufficient tort transaction transfer trial unless