Langlois v. Maloney

Pursuant to the terms of the contract, upon its execution the plaintiff made the down payment of twenty thousand dollars which he now seeks to recover, and received forty of the one hundred shares of stock which he undertook to buy. The unpaid balance of twenty-five thousand dollars he agreed to pay in monthly installments of five hundred dollars each, with interest at five percent per annum. The balance of the stock was to be delivered, ten shares when an additional ten thousand dollars had been paid, and the re- manning fifty shares on final payment of the balance of purchase price. The…