Sheer v. Hoyt
California Court of Appeal
APPEAL from a judgment of the Superior Court of Los Angeles County, and from an order denying a new trial. Chas. Monroe, Judge. The facts are. stated in the opinion of the court.
1Opinion of the CourtTaggart, J.
Action to rescind contract to purchase stock in corporation organized to manufacture mining ma chinery and operate same on a royalty; also to procure return of real property conveyed in part payment. Defendants, by way of counterclaim, seek to recover balance of purchase price of stock evidenced by writing in form of a promissory note, payable on demand after such stock shall reach a salable value of fifty cents per share. Judgment was for plaintiff and defendants appeal from the judgment and an order denying their motion for a new trial.
The trial court found, in accordance with the…
2Cases cited1 opinion
- Johnson v. WithersCalifornia Court of Appeal · 1908
3Cited by7 opinions
- Harris v. MillerCalifornia Supreme Court · 1925
- Eastern States Petroleum Co. v. Universal Oil Products Co.Court of Chancery of Delaware · 1939
- Neff v. EnglerCalifornia Supreme Court · 1928
- Como Orchard Land Co. v. MarkhamMontana Supreme Court · 1918
- Tracy v. SmithCalifornia Supreme Court · 1917
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