Henderson v. Wheaton

An action of assumpsit was brought by appellant upon the following contract:

“Chicago; Ill., June 25, 1884.

This day sold to Robert Henderson, of Hew York City, fifty shares of the capital stock of the Big Laramie Land Cattle and Improvement Company, of $100 each, for the sum of $5,000, the receipt of which is hereby acknowledged, upon the following express condition:

At the expiration of three years from the date hereof, if said Robert Henderson elects to return „said fifty shares of said capital stock to the undersigned, we agree to pay to said Robert Henderson the said sum of five thousand…