Edge v. Boardwalk Securities Corp.

The opinion of the court was delivered by

Heher, J.

The subject-matter of this appeal is a judgment in favor of respondent, entered upon a jury verdict, in an action for breach of contract. The gravamen of the complaint was that respondent purchased certain securities from appellant, in consideration of the latter’s promise to “repurchase the said bonds from the plaintiff at any time, and pay therefor at the rate of ninety-nine cents (99c) on the dollar, plus the accrued interest thereon;” and that the appellant breached this alleged undertaking of repurchase.

Eespondent relies upon a writing,…