279 F. 71 | 6th Cir. | 1922
“In asking of the defendant $5.60 per gross ton the plaintiff asks the same price that it received from others in the general market, and not more hut less than the prevailing market price.”
Counsel think the opinion logically leads to the conclusion that any price which plaintiff could have secured from others is a hard and fast measure of that critical market value which the owner may demand under this statute. We do not intimate that the opinion is-open to that construction; but we could not go so far, as against an owner’s acts and sales evidencing what he was willing to consider a fairly compensatory price, or as against some other and possible abnormal conditions not shown here.
The judgment is affirmed, with continuing interest at the statutory rate, but each party will pay its own costs in this court.