Breen v. Rhode Island Insurance

Opinion by

Me. Justice Patteeson,

This is an action in assumpsit by James J. Breen against Rhode Island Insurance Company and Land Title Bank and Trust Company based upon an agreement between Breen and the Rhode Island Insurance Company for the sale of 3800 shares of William Penn Eire Insurance Company stock, and a further agreement whereby $12,000 was placed in the hands of the Land Title Bank and Trust Company to protect the insurance company, purchaser, from any loss that might occur due to a variation of the figures in the agreement and to liabilities not provided for therein and in matters…