Wills v. Pennell
Appellate Division of the Supreme Court of the State of New York
- Appeal by the defendant, John .F. Pennell, from a judgment of the Supreme Court in favor of the plaintiff, entered in the office of the' clerk, of the county Of New York bn the '4th day of April, .1906, upon the verdict of a jury rendered by direction of the'court after a trial at the New York Trial Term. 1
1Opinion of the Court
Houghton, J.:
The plaintiff entered into a written contract with the defendant, described as party of the second part, and one Swart, described as party of the third part, whereby he- agreed in consideration- of $1,000 paid upon execution of the contract, and $4,000 thereafter to be paid, and a certain portion of the capital stock of a corporation thereafter to be formed (the other portions to be transferred to defendant and Swart and the treasury of such corporation), to transfer to such corporation certain letters patent owned by him for the manufacture -and production of steel.
The…
2Cases cited1 opinion
- Persons v. KrugerAppellate Division of the Supreme Court of the State of New York · 1899