Bailey v. Interstate Airmotive, Inc.

Action to recover $39,800, the alleged reasonable value of services claimed to have been rendered by plaintiff.

Plaintiff's action is on the theory defendants refused to deliver to him 250 shares of common stock of defendant Interstate Airmotive, Inc., which stock, it is alleged by plaintiff, defendants had contracted to deliver to him in compensation for services rendered and to be rendered to the corporation. It is alleged by plaintiff that defendants dismissed him without just cause. He has elected to treat the [335] contract as rescinded by defendants, and seeks recovery in quantum meruit.…