Dudley A. Tyng & Co. v. Converse
Michigan Supreme Court
Error to Jackson; Parkinson, J. Assumpsit by Dudley A. Tyng & Company, a foreign corporation, against Warren T. Converse for breach, of contract of sale: Judgment for plaintiff. Defendant brings error.
1Opinion of the CourtKuhn, J.
The plaintiff, an Illinois corporation, brought an action in assumpsit against the defendant to recover the difference between the agreed price of $138 per share and the price received at a sale, $120 per share, for 50 shares of the common capital stock of the American Fork & Hoe Company. The defendant, who had traded in this stock, on March 31, 1911, sent plaintiff the following letter:
“Dudley A. Tyng & Co.,
“Chicago.
“Gentlemen:
“I will buy any part of 50 shares American Fork & Hoe Com. at 138 per share. Advise me promptly if you have anything to offer at this price.
“Very truly,
“W. T.…
2Cases cited3 opinions
- Bank of Yolo v. Sperry Flour Co.California Supreme Court · 1903
- Gregory v. WendellMichigan Supreme Court · 1879
- Douglass v. PaineMichigan Supreme Court · 1905
3Cited by13 opinions
- Liberty Mutual Insurance v. Vanderbush Sheet Metal Co.District Court, E.D. Michigan · 1981
- Standard Oil Co. v. LyonsCourt of Appeals for the Eighth Circuit · 1942
- United States v. Bushwick Mills, Inc.Court of Appeals for the Second Circuit · 1947
- Linn v. Employers Reinsurance Corp.Supreme Court of Pennsylvania · 1958
- In Re Schafer's BakeriesDistrict Court, E.D. Michigan · 1957
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