Young v. Gongaware

Opinion by

Me. Justice Kephaet,

January 5, 1914, W. G. Young, the decedent, sold his stock of goods to defendant for $2,300, receiving in payment therefor $300 in cash and some shares of stock in the Virginia Ochre Company, which were guaranteed by defendant. The stock was transferred subject to an agreement made by defendant with the Virginia Ochre Company that if the company desired the certificate to remain in Stanley, Virginia, Young, plaintiff’s decedent, was compelled to keep it there. Defendant retained the right to lift within two years, and, after this period, Young, at any time could…