American Broaching Machine Co. v. Members of Marlborough Board of Trade
Massachusetts Supreme Judicial Court
Bill in equity, filed in the Superior Court on April 17, 1918, and afterwards amended, by the American Broaching Machine Company, a Massachusetts corporation, and Francis J. LaPointe against persons denominated as officers and members of certain committees and certain individual members of the Marlborough Board of Trade, a voluntary association averred in an amendment to the bill tó be composed of numerous members but few of whom were known to the plaintiff, the Marlborough…
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Bill in equity, filed in the Superior Court on April 17, 1918, and afterwards amended, by the American Broaching Machine Company, a Massachusetts corporation, and Francis J. LaPointe against persons denominated as officers and members of certain committees and certain individual members of the Marlborough Board of Trade, a voluntary association averred in an amendment to the bill tó be composed of numerous members but few of whom were known to the plaintiff, the Marlborough Building Association, a Massachusetts corporation, and one Charles McGee. The allegations of the bill as amended in…
1Opinion of the CourtCarroll, J.
The plaintiff LaPointe alleges that he was looking for a factory site in Marlborough and conferred, with members of the board of trade of that city. On October 10,1917, the board of trade made an offer in writing to purchase a suitable site in Marlborough and erect a building, provided LaPointe would form a corporation and purchase at its par value $20,000 of the common stock. Frank L. Gage and Stunner C. Gage were to purchase common stock at par to the extent of. $2,000, on condition that Sumner C. Gage should become the treasurer of the corporation. This offer was rejected by LaPointe. In…
2Cases cited1 opinion
- McNeil v. AmesMassachusetts Supreme Judicial Court · 1876
3Cited by3 opinions
- Cunningham v. GanleyMassachusetts Supreme Judicial Court · 1929
- Fidelity & Deposit Co. of Maryland v. FitzgeraldCourt of Appeals for the Tenth Circuit · 1959
- Marlborough Building Ass'n v. American Broaching Machine Co.Massachusetts Supreme Judicial Court · 1920