Basic Principles of Contract | Contract Law

Tolhurst v Associated Portland Cement Manufacturers

Tolhurst v. Associated¬†Portland Cement Manufacturers ¬†(1903), A. C. 414 (Assignment, Restraint of Trade, Standing Offer-Uncertainty) FACTS: Tolhurst, owner of chalk quarries, entered into a contract for supply of chalk to an Imperial Co. (herein after Co.) for 50 years which was to take its supplies only from Tolhurst. It was agreed that Co. would buy…