Ryan v. Charles E. Reed & Co.

This is an action of contract, tried to a jury, in which the plaintiffs in their amended declaration allege, in substance, that on November 13, 1924, they made a contract in writing with the defendant, a copy of which is annexed to the declaration, whereby they assigned to the de*295fendant three applications for patents, and certain machines built in accordance with said applications, with all wood patterns and drawings in connection therewith, and the defendant in consideration thereof, agreed to issue to the plaintiffs preferred stock of the defendant company to the value of $15,000, and to…