Swedish American National Bank v. Wahl

D. R. Peterson and O. E. Landstrom, on December 9, 1927, entered into a written agreement with August P. Peterson relative to the sale of 1375 shares of the common stock of the Free Sewing Machine Company, at a price of $150,000. The agreement is as follows:

“Agreement made this 9th day of December, 1927, by and between August P. Peterson, first party, and O. E. Landstrom and D. B. Peterson, second parties, all of Bockford, Illinois.

“Witnesseth, Whereas, the First Party is the owner of 1375 shares of the common capital stock of the Free' Sewing Machine Company, an Illinois Corporation, Now,…