MAXWELL v. STANDARD FURNITURE CO

Haynesworth Haynesworth, J.G. Leatherwood and J. S. Watkins, for appellant, cite: Party cannot avoid contract on ground of his own negligence or omission to read it: 65 S.C. 103; 115 S.C. 426; 113 S.C. 317; 26 S.C. 91; 62 S.C. 1; 124 N.W., 264; Jones, Evid., Sec. 26; 22 C.J., 143; 44 U.S., Ct. Cl., 127. Self-serving statement, oral or written, is not admissible: 22 C.J., 22; 1 Mills C. Rep., 162; 75 S.C. 342; 81 C.C.A., 311. Agreement to pay fair and reasonable price insufficiently definite: Benj., Sales., Sec. 85; 67 L.R.A., 353; 76 C.C.A., 516; L.R.A. 1917-D, 1074; 100 Am. Dec., 252; 32 L.R.A., 740; 6 R.C.L., Const., Sec. 62. Contract severable: 73 S.C. 1; 13 C.J., 563; 35 Cyc., 115. Acts constituted part performance of contract: 10 Wisc., 422; 123 Pac., 415. Formal corporate action not necessary where there is consent: 175 U.S. 40; 2 Pom. Eq. Jur., 4th Ed., Sec. 819; 3 Fletcher, Corp., Sec. 1641; 140 Pac., 956; 71 S.E., 161. Estoppel by silence: 12 S.C. 314. Messrs. Martin Blythe, for respondent, cite: Contract too incomplete, uncertain and indefinite to be enforced: 6 Pom. Eq. Jur., Secs. 764, 765; 56 S.E., 524. Contract not completed: 67 S.C. 440; 101 S.C. 170; 32 S.C. 534; 112 S.C. 162. Contention of parties that contract should be entire: 13 C.J., 562, 563, 564; 35 Cyc., 113-115. Case not taken out of Statute of Frauds: 48 S.C. 511; 27 S.C. 363; 85 S.C. 84; 29 S.C. 533; 95 S.C. 491; 106 S.C. 10; 33 S.C. 385. No part performance: 37 Cyc., 644, 645; Bail., Eq., 114. No mutuality of remedy which is essential: 36 Cyc., 621; 6 Pom. Eq. Jur., Sec. 769; 41 S.C. 349; Riley Eq., 177. Act of President not binding on corporation in absence of corporate action: 175 U.S. 40; Cook, Corp., Secs. 716, 670.