Ferguson v. Akers

Opinion of the Court by

Judge Carroll

Affirming,

On June 4, 1909, the appellant, Ferguson, submitted to the appellee, Akers, the following proposition in writing:

*290“I hereby propose to sell to you 346% shares of the Common Stock of the Louisville Soap Company for thq sum of $27,500; provided you make payment at thq present time of $500, which payment, in the event that this proposition should be accepted, is to be applied as part of the purchase price; but, in the event that this proposition is not accepted, the said sum' of $500 is to be the consideration for the making of this proposition and…