Osgood v. Skinner
Appellate Court of Illinois
Action of assumpsit. Appeal from the Circuit Court of Cook County; the Hon. Edmund W. Burke, Judge, presiding. Heard in this court at the October term, 1902.
1Opinion of the CourtJustice Stein
First. The question whether the contract is for an option and therefore illegal, under section 130 of the Criminal Code, has again been fully and ably argued. "We see no occasion for departing from the ruling of the court in Skinner v. Osgood, supra. Since then the Supreme Court has, in Ubben v. Binnian, 182 Ill. 508, and in Loeb v. Stern, 198 Ill. 371, reaffirmed the views to which it gave utterance in Wolf v. National Bank of Illinois, 178 Ill. 85. We regard the contract at bar as one under which appellees took the stock as merely a temporary mode of payment for a part of the properties…
2Cases cited31 opinions
- Lyman v. GedneyIllinois Supreme Court · 1885
- Western Paving & Supply Co. v. Citizens' Street RailroadIndiana Supreme Court · 1891
- Welz v. RhodiusIndiana Supreme Court · 1882
- White v. MurtlandIllinois Supreme Court · 1874
- Ames v. MoirIllinois Supreme Court · 1889
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3Cited by10 opinions
- Brudnicki v. General Electric Co.District Court, N.D. Illinois · 1982
- Gilliland v. Allstate Insurance Co.Appellate Court of Illinois · 1979
- Hulse v. HulseAppellate Court of Illinois · 1910
- Decker v. WestAppellate Court of Illinois · 1934
- Hubbard v. LogsdonAppellate Court of Illinois · 1978
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