Davis v. Rogers

In 1905, the respondent and his wife were the principal stockholders find officers in the Davis-Comstock Company, which owned coal' land in this state. About that year there was given permission to the appellants to prospect'the property and an option to purchase it. In the prospecting operations the appellants expended some $6,000, and they did not exercise the option. The Davis-Comstock Company was desirous of disposing of the property and the appellants desired, if possible, to recoup their loss in connection with it. On December 12, 191Í, the1 DavisComstock Company, in consideration of…