Jorguson v. Apex Gold Mines Co.
Washington Supreme Court
Appeal from a judgment of the superior court for King county, Mackintosh, J., entered March 22, 1913, upon findings in favor of the defendant, dismissing an action on contract, after a hearing before the court.
1Opinion of the CourtMorris, J.
— On March 22, 1909, appellant purchased from the respondent two thousand shares of its capital stock for the sum of $1,000. As a part of said transaction, it was agreed that the corporation should guarantee that the dividends upon such stock would amount to $1,000 within the next eighteen months, and that the corporation would pay to the plaintiff the sum of $1,000 as dividends within that time. Pursuant to this agreement, the respondent, acting under a resolution unanimously adopted by its stockholders, executed and delivered to appellant a bond, the condition of which was that if, within…
2Cases cited9 opinions
- Lockhart v. Van AlstyneMichigan Supreme Court · 1875
- Boos v. EwingOhio Supreme Court · 1848
- Anderson v. Cincinnati Southern RailwayCourt of Appeals of Kentucky · 1887
- Troy & Boston Railroad v. TibbitsNew York Supreme Court · 1854
- Tait v. PigottWashington Supreme Court · 1903
4 more not listed; retrieve them via the Exa API.
3Cited by13 opinions
- Kom v. Cody Detective Agency, Inc.Washington Supreme Court · 1913
- Austin v. WrightWashington Supreme Court · 1930
- Allied Magnet Wire Corp. v. TuttleIndiana Supreme Court · 1926
- Brenaman v. WhitehouseWashington Supreme Court · 1915
- Rossi v. Rex Consolidated Mining Co.Washington Supreme Court · 1919
8 more not listed; retrieve them via the Exa API.