and February 3, 194 7, 7600 bags of cotton seeds were, according to the plaint purchased by the respondent on behalf of the appellant firm at various rates, out of which 5300 bags are said to have been sold by it on behalf of the appellant firm between the dates of January 2, I!J47 and February 3, 1947. Thus, on February :J, l!l4 7, 2300 bags of cotton-seeds were left on its hands. In May 194 7 the market for cotton seeds was falling and so the respondent firm asked the appellant either to remove the goods within 48 hours on payment of the full price or pay some· thing more by way of margin and informed them that otherwise the goods would be sold. As no reply was received these 2300 bags were sold on May 24some at the rate of Rs. ll/ll/6 p~r maund and the rest at the r:ite of Rs. 11/12/- per maund. Apart from these transanctions in cotton-seeds the respon' dent firm, according to the plaint, also purchased 100 bales o'." cotton of which 50 bales were also sold on behalf of the appellant · firm, so that after February U, l!J47, 50 bales of cotton purchased by .. the appellant firm were lying with the respondent . These 50 bales were aho sold by the respondent on May 24, IH47 at the rate of Rs. 27/12/· per maund, as the appellant took no action when the respondent asked them either to take away these bales on pay· ment nf the price or to put in more money by way of margin. On the accounts, it was said, Rs. 15,5i'iti/ 10/· remained due to the plaintiff firm from the dcfrnda1it firm. The suit was brought for the recovery of tltis amount together with interest.
