Pennsylvania Trust Co. v. Ghriest

Opinion by

T'rexleb, J.,

Defendant was engaged in selling stock of a certain oil and gas corporation, known as the Texacaddo Oil ■and Gas Company. On or about January 5, 1920, plaintiff purchased from him certain shares of stock in said company upon an agreement in writing, which was as follows: “I hereby agree that the 1,100 shares of the Texacaddo Oil & Gas Stock that I sold you for $1,650,1 will pay this much back to you on J anuary 2, 1921, for the ¡above 1,100 shares or for as many shares of the U. S. Mexico Oil Corp. that you receive for this 1,100 shares of Texacaddo Oil & Gas if you…