[DOWNLOAD] "Klebe Et Al. v. United States" by Supreme Court of the United States ~ Book PDF Kindle ePub Free
eBook details
- Title: Klebe Et Al. v. United States
- Author : Supreme Court of the United States
- Release Date : January 12, 1923
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 57 KB
Description
MR. JUSTICE SUTHERLAND delivered the opinion of the Court. Appellants, plaintiffs below, were the owners of a traction steam shovel, which they leased to the Bates & Rogers Construction Company for $25 per day. At the time of the lease and prior thereto the Construction Company was engaged, under contract, in certain work for the United States for which the shovel was procured and used. Article II, paragraph (c) of the contract under which the work was done provided that the Construction Company should be reimbursed for rentals actually paid for steam shovels, at rates which were named, the company being required to file with the contracting officer of the Government a schedule setting forth the fair valuation of each part of the construction plant at the time of its arrival at the site of the work. This valuation was made final except upon a contingency which is not material here. The paragraph further provided that when the total rental paid by the Government for any such part should equal its valuation, no further rental should be paid and title thereto should vest in the United States. At the completion of the work the contracting officer was by the contract given the option to purchase for the United States any part of the plant then owned by the Construction Company by paying the difference between the valuation thereof and the total amount of rentals theretofore paid.