Johnson v. Savage

In his complaint, plaintiff alleged the sale and delivery, February 7, 1929, from himself to defendant, of ten thousand shares of the common stock of Bobby Anderson Group Mining Company, for which defendant agreed to pay $1,475; the prayer being for a judgment for that amount.

In his answer, defendant admitted the sale and delivery of the stock, but denied any indebtedness on his part to plaintiff. By way of an affirmative defense, defendant alleged that, on the day of the sale of the stock, plaintiff orally employed defendant to secure an option for the purchase of the “Amy Matchless” group…