Conant v. Pettit

The opinion of the court was delivered by

Gummere, Chief Justice.

This appeal brings up for review a judgment for $37,554.98 entered in favor of the plaintiff on the verdict of a jury.

The material facts are as follows: One Stewart was the owner of five hundred and fifty shares of the capital stock of the Thomas J. Stewart Company. He gave to the defendant, Pettit, an option on the purchase of this stock for the sum of $17,500. Having this option Pettit entered into negotiations with the plaintiff, Conant, looking to the purchase by him of this same stock for the sum of $55,000. These…