Cooper v. Gossett

The defendant, a practicing lawyer, was the secretary of a corporation in which the plaintiff was a stockholder. They had known each other for many years. In 1931 the plaintiff sold to the defendant five shares of her stock for $2,000, receiving $500 in cash and three notes for $500 each. The sale was closed in the defendant’s office.- The amount of the stamp tax which the plaintiff was required to pay on the transfer was ten cents. That sum was offered to the defendant. He said:

“ Never mind. I will put the stamp on myself. I am the secretary of this company.” He did not do so. Before the…