Fitzpatrick v. Associated Gas & Electric Co.

Both the complaints and the amended complaints in these actions alleged that the defendant sold certain of its convertible debentures to the plaintiffs, and further: “ 5. That at the time the said defendant sold said debentures to the plaintiff the defendant promised and agreed as part of the consideration for the purchase of said debentures on the part of the plaintiff that the defendant would at any time the plaintiff desired repurchase of plaintiff the said debentures or any part thereof at a price of $100.00 per $100.00 debenture less $2.00 per hundred for service fee together with…