Wolsey v. Neeley

The construction of the contract out of which the controversy in this case arose, was passed upon by this court in Wolsey et al. v. Neeley, 46 Ill. App. 387, and there determined to be an agreement by plaintiffs in error to pay to the defendant in error fifteen per cent per annum upon the par value of sixty-five shares of stock of the Abbott Buggy Co., for the dividends upon such stock, whatever that might be. That contract is as follows :

“ Contract and agreement entered into this 14th day of April, 1887, between C. H. Bunker and C. S. Wolsey, parties of the first part, and C. H. Neeley of…