Simpson v. Hutchings

This action was commenced by appellant Simpson to recover from respondent Hutchings $22,287 alleged to be due pursuant to a contract whereby respondent Hutchings was purchasing from appellant Simpson one half of the capital stock of the J. R. Simpson Motor Company, Inc.

Respondent Hutchings admitted the contract but' alleged that appellant Simpson had subsequently orally agreed with him to sell the remaining one half of the capital stock of the aforementioned company to the Simpson-Hutchings Motor Company, the latter transaction to include the assignment, transfer or cancellation of the debt…