251 Pa. 460 | Pa. | 1916
Opinion by
In May, 1901, the Colonial Steel Company, then in process of organization, contemplated the erection of a plant for the manufacture of steel, on the line of the Pittsburgh & Lake Erie Eailroad, and one James W. Brown, acting on its behalf, entered into negotiations with the railroad company for an agreement covering rates to and from the proposed site of the plant at South Monaca, this State. The negotiations resulted in the making of a contract on May 15,1901, between the railroad company and Brown, which, on the 13th of the following month, was assigned to the Colonial Steel Company, in pursuance of an agreement by the railroad company that it should be so assigned. The contract covers freight rates to and from Monaca, Pa., where the steel plant is located, and points on the Pittsburgh & Lake Erie Eailroad and its connections, among them being a rate of fifty cents per ton on coal from mines in the Pittsburgh district to Monaca. In return, the steel company