Prescott v. Kreher

KANNER, Acting Chief Judge.

Martha Kreher, the plaintiff-appellee, by virtue of an oral agreement claimed to have been made with her husband, Karl Kreher, defendant-appellee, around mid-June of 1955, for a consideration of $500, instituted the present action against her husband and the other members of a certain earnings pool, asserting that those defendants were liable to her for 50,000 warrants of the Jim Walter Corporation to which she says she became entitled through that agreement. The chancellor determined that she is beneficial owner of fkths of the securities received by Kreher in…