Godfrey v. Schneck
Wisconsin Supreme Court
Appeal from a judgment of the superior court of Milwaukee county: J. C. Ludwig, Judge. In August, 1892, the plaintiff was the owner, of a tract of land containing eighteen acres. He placed the same in the hands of one A. B. Meyers to sell at $525 per acre, Meyers to have a commission of two and one-half per cent. Meyers conceived tbe plan of organizing a corporation to purchase-it.
Read the full summary
Appeal from a judgment of the superior court of Milwaukee county: J. C. Ludwig, Judge. In August, 1892, the plaintiff was the owner, of a tract of land containing eighteen acres. He placed the same in the hands of one A. B. Meyers to sell at $525 per acre, Meyers to have a commission of two and one-half per cent. Meyers conceived tbe plan of organizing a corporation to purchase-it. To that end, be interested one Joseph Whaley with him, and it was agreed that the land should be conveyed to- the corporation at $600 per acre; the latter to have one half of the difference between the cost and the…
1Opinion of the CourtBardeen, J.
The theory upon which the defendants claim that they are entitled to relief is, that the scheme of Meyers to form a corporation, and his offer to divide profits with the promoters, was in effect a bribe to effect the sale of plaintiff’s land. Meyers being the plaintiff’s agent, the latter must be held responsible for his acts, and hence the transaction fails. No great amount of time or mental energy need be expended in the solution of this question. The trial court evidently proceeded upon the assumption that *571Meyers was a special agent, and that his acts in assisting in the formation of the…
2Cases cited2 opinions
- Law v. GrantWisconsin Supreme Court · 1875
- Hoyer v. LudingtonWisconsin Supreme Court · 1898
3Cited by2 opinions
- Forest Land Co. v. BjorkquistWisconsin Supreme Court · 1901
- Watson v. TaylorSupreme Court of Oklahoma · 1913