Legal Opinion

Kaplan v. Reid Bros., Inc.

California Court of Appeal

Decided March 3, 1930No. Docket No. 7143PublishedCited by 13 opinions

1Opinion of the Court

DOOLING, J., pro tem.

On January 24, 1921, the respondent purchased from the appellant corporation, acting through its president and general manager, M. L. Reid, ten shares of its capital stock for the sum of $1,000. Contemporaneously and as a part of the same transaction, the following agreement was executed and delivered to respondent:

“This letter will serve to verify our verbal agreement made today as follows:
“Should you, at any time, desire to dispose of the ten shares of the First Preferred Stock in Reid Bros. Inc. which you have this day purchased from the Company, the Company agrees…

2Cases cited4 opinions

  1. Schulte v. Boulevard Gardens Land Co.California Supreme Court · 1913
  2. Vickrey v. MaierCalifornia Supreme Court · 1912
  3. Tidewater Southern Railway Co. v. HarneyCalifornia Court of Appeal · 1916
  4. Tidewater Southern Railway Co. v. MerzCalifornia Court of Appeal · 1917

3Cited by13 opinions

  1. Miles v. Bank of America National Trust & Savings Ass'nCalifornia Court of Appeal · 1936
  2. Juergens v. Venture Capital Corp.Massachusetts Appeals Court · 1973
  3. Grace Securities Corp. v. RobertsSupreme Court of Virginia · 1932
  4. Mississippi Power Co. v. BennettMississippi Supreme Court · 1935
  5. Oklahoma Natural Gas Corp. v. DouglasSupreme Court of Oklahoma · 1934

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