Legal Opinion

Smith v. Roederer

Supreme Court of Oklahoma

Decided October 2, 1973No. 44220PublishedCited by 4 opinions

1Opinion of the Court

SIMMS, Justice.

This is a suit by purchaser alleging that as an inducement for the sale of insurance stock the seller would buy back the stock for the same price at any time but refused to do so.

Plaintiff Smith, a 77 year old farmer, is the purchaser of the stock. Defendant is the executrix of the estate of Joe Scott, owner of the insurance company at the time of the sale of the stock and the person who made the guarantee to buy back. Bo McAlister was Scott’s employee-salesman who sold the stock to plaintiff.

Because the statute of limitations is an issue, a chronological review of the facts is…

2Cases cited5 opinions

  1. Basden v. MillsSupreme Court of Oklahoma · 1970
  2. Downtown Chevrolet Co. v. NiccumSupreme Court of Oklahoma · 1937
  3. Birmingham Fire Insurance Company v. BondSupreme Court of Oklahoma · 1956
  4. United States Fidelity & Guaranty Co. v. KrowSupreme Court of Oklahoma · 1938
  5. Hawk v. Texas & Oklahoma Stages, Inc.Supreme Court of Oklahoma · 1941

3Cited by4 opinions

  1. Roberts v. Wells Fargo AG Credit Corp.Court of Appeals for the Tenth Circuit · 1993
  2. Bruner v. SobelSupreme Court of Oklahoma · 1998
  3. IN RE AMENDMENTS TO OKLAHOMA UNIFORM JURY INSTRUCTIONS-CIVILSupreme Court of Oklahoma · 2022
  4. Otto Roberts v. Wells Fargo Ag Credit CorpCourt of Appeals for the Tenth Circuit · 1993

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