Peterson v. Cunningham

This bill was filed to recover a balance alleged to be due the complainant on a sale of fifty shares of stock in the Shoreland Development Company, of Miami, Florida. The shares were of the par value of $100 each. It was claimed in the bill that the defendant in the sale of the stock, which was had in Florida, at the price of $10,000, was acting as the agent of the complainant, and that his compensation or commission for the sale was to be only $100. It was insisted that the minimum price at which the defendant was authorized to make the sale was $8,000, whereas it was alleged the defendant…