Merchants Legal Stamp Co. v. Murphy
Massachusetts Supreme Judicial Court
Bill in equity, filed in the Superior Court on December 26, 1913, by a corporation organized under the laws of this Commonwealth on March 15, 1904, for the purpose, among other things, of conducting a trading stamp business of the character described in the opinion, against another trading stamp corporation and William H. Murphy, who was one of the incorporators of the plaintiff and had been one of its directors, a member of its executive committee and its general manager,…
Read the full summary
Bill in equity, filed in the Superior Court on December 26, 1913, by a corporation organized under the laws of this Commonwealth on March 15, 1904, for the purpose, among other things, of conducting a trading stamp business of the character described in the opinion, against another trading stamp corporation and William H. Murphy, who was one of the incorporators of the plaintiff and had been one of its directors, a member of its executive committee and its general manager, and after-wards had severed his connection with the plaintiff and had formed the defendant corporation, of which the…
1Opinion of the CourtBraley, J.
The principal if not the sole business of the plaintiff is the issuing of trading stamps at a fixed price' to merchants who give them to their customers for cash purchases usually on the basis of one stamp for every ten cents of the price of the article bought, and after a number of stamps thus have been collected the merchant or collector presents them to the plaintiff for redemption at a fixed rate. By this arrangement the stamp or coupon operates as a discount in cash for every purchase made. Commonwealth v. Sisson, 178 Mass. 578. The books containing the contract are described by the…
2Cases cited12 opinions
- Kennedy v. WelchMassachusetts Supreme Judicial Court · 1907
- Hunt v. WymanMassachusetts Supreme Judicial Court · 1868
- Gagnon v. Sperry & Hutchinson Co.Massachusetts Supreme Judicial Court · 1910
- New York Bank Note Co. v. Kidder Press Manufacturing Co.Massachusetts Supreme Judicial Court · 1906
- O'Keeffe v. City of SomervilleMassachusetts Supreme Judicial Court · 1906
7 more not listed; retrieve them via the Exa API.
3Cited by13 opinions
- Commonwealth v. DyerMassachusetts Supreme Judicial Court · 1922
- Sperry & Hutchinson Co. v. Director of the Division on the Necessaries of LifeMassachusetts Supreme Judicial Court · 1940
- Ricky Smith Pontiac, Inc. v. Subaru of New England, Inc.Massachusetts Appeals Court · 1982
- Foster v. Shubert Holding Co.Massachusetts Supreme Judicial Court · 1944
- A. T. Stearns Lumber Co. v. HowlettMassachusetts Supreme Judicial Court · 1927
8 more not listed; retrieve them via the Exa API.