Gernt v. Cusack

The original hill in this cause avers that, on February 11, 1896, complainant, Bruno Gernt, secured from Hanckey & Cole an option on their interests in certain oil leases in lands in Overton, Pickett and Fentress Counties, at the price of $10,000, and that, relying upon the ability of his co-complainant, Fry, and of the defendant, James Cusack, to aid him materially in disposing of this option at a profit, on that day he entered into a written contract with them, in which, after reciting this option, and that .it terminated “February last, 1896,” it was stipulated that, in consideration of…