Hogan v. Egyptian Portland Cement Co.

On July 17, 1900, James W. Hogan and his wife, Sarah A. Hogan, executed a conveyance of a part of their farm (consisting of about 16 acres, described by metes and bounds), in the county of Livingston, to the Egyptian Portland Cement Company, of Detroit, and delivered it to E. D. Kennedy, the secretary and treasurer of the company, receiving therefor a paper on which was written:

“I hereby agree to give to J. W. Hogan and Sarah A. Hogan, his wife, $1,000 in stock, one thousand dollars, said stock to be made out equally between said J. W. and Sarah A. Hogan when stock is issued by the Egyptian…