Revloc Supply Co. v. Troxell

Opinion by

Mr. Justice Walling,

The Revloc Supply Company, plaintiff, was a Pennsylvania corporation engaged in the conduct of a store at Revloc, Cambria County, of which W. H. Troxell, the defendant, was general manager. Plaintiff’s capital stock was fifty thousand dollars, divided into shares of fifty dollars each. On September 30, 1917, plaintiff entered into a written contract with defendant for the sale to him of one hundred shares of the capital stock at its par value, which was duly received and paid for. The contract contains, inter alia, provisions as follows: “That the Revloc Supply…