White v. Western Empire Life Insurance Company

HENRIOD, Justice.

Appeal from a judgment for plaintiff in a case tried to the court, for breach of a promise to resell defendant’s stock theretofore sold by defendant’s president to plaintiff. Affirmed with costs to plaintiff.

Negotiations between plaintiff and one Timpson, president of defendant company, culminated in the following letter dated January 3, on defendant’s stationery, addressed to plaintiff:

“This is to certify that any stock that you buy from Western Empire Life Insurance Co. at $60 per share will be sold for you after April 1, 1958, for $120 per share less salesman’s commission…