A. C. Frost & Co. v. Coeur D'Alene Mines Corp.

This action was brought by A. C. Frost & Company, a Washington corporation, against Coeur d’Alene Mines Corporation, an Idaho corporation, upon a contract dated September 10, 1934, for the sale of 1,300,000 shares of the treasury stock of the Coeur d’Alene Mines Corporation at ten cents per share. This contract will be referred to as the option agreement. The complaint contains two causes of action growing out of the option agreement. The first cause of action is for the recovery of damages for an alleged breach of the option agreement. It might be here observed that the option agreement was…