Fremont v. Stone

By the Court,

Clerke, J.

This action is brought to compel the specific performance of an agreement by which some of the defendants stipulated with the plaintiff that on payment by him of $200,000 for a certain number, of shares of the stock of the Union Pacific Railway Company, then belonging to them, new directors, to be nominated by the plaintiff and his co-purchaser Hallett, should be substituted in the place of all the other directors, except Fremont and Hallett, who also were directors at the time. LThat is, the vendors of this stock undertook to change the board of directors of the…