Eastman v. Kendall

At the oral request of defendant, plaintiffs, copartners, on September 10, 1929, purchased for him 10 shares of stock of the Union Commerce Corporation, paid $3,250 therefor, and $20 commission to a broker, and the next day forwarded the same, with draft attached, to defendant. ’Defendant did not accept, and the stock and draft were re turned to plaintiffs. Subsequent efforts proved unavailing, although defendant recognized that it was his purchase. Shortly thereafter the Union Commerce Corporation merged with the Guardian Detroit Union Group, and, on or about December 31, 1929, plaintiffs…