Gerard v. Bates
Illinois Supreme Court
Appeal from the Appellate Court for the Third District;— heard in that court on appeal from the Circuit Court of Logan county; the Hon. George W. Herdman, Judge, presiding.
1Opinion of the CourtChief Justice Sheldon
On April 21, 1885, Charles F. Gerard and Isaac Wert were the owners of a livery stable stock and business in Lincoln, in this State, in partnership, doing business under the firm name of Wert & Co., Gerard’s interest being three-fourths and Wert’s one-fourth. On that day Gerard sold to one James H. Danley an undivided half interest in the livery stock of Wert & Co., for a half section of land in Nebraska, taken at the valuation of $3200, Danley guaranteeing that the actual cash value of the land would be, in eighteen months thereafter, $3200, and that if not of that value, he agreed to pay to…
2Cases cited1 opinion
- Sirrine v. BriggsMichigan Supreme Court · 1875
3Cited by15 opinions
- Oglesby v. Springfield Marine BankIllinois Supreme Court · 1944
- Mortimore v. BashoreIllinois Supreme Court · 1925
- McMechan v. YenterIllinois Supreme Court · 1922
- Dubs v. EgliIllinois Supreme Court · 1897
- Georgeoff v. SpencerIllinois Supreme Court · 1948
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