Philadelphia Motor Speedway Ass'n v. Sale
Superior Court of Pennsylvania
Appeal, No. 55, Oct. T., 1917, by defendant, from judgment of Municipal Court, Philadelphia Co., July T., 1916, No. 380, on verdict for plaintiff in case of Philadelphia Motor Speedway Association v. Charles S. Sale. Assumpsit on a stock subscription.
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Appeal, No. 55, Oct. T., 1917, by defendant, from judgment of Municipal Court, Philadelphia Co., July T., 1916, No. 380, on verdict for plaintiff in case of Philadelphia Motor Speedway Association v. Charles S. Sale. Assumpsit on a stock subscription. Before Crane, J. From the record it appeared that the contract was in writing, and was as follows: “It is hereby understood and agreed that I will pay to Warren M. Cornell, Treasurer of the Philadelphia Motor Speedway Association of Philadelphia, as called for by him, the sum affixed to my signature, upon the following conditions, viz: that my…
1Opinion of the Court
Opinion by
Henderson, J.,
The plaintiff’s action was founded on an. agreement in writing in which the defendant obligated himself to pay to Warren M. Cornell, treasurer of the Philadelphia Motor Speedway Association, $250. The contract contained a condition that there should be five hundred bona fide subscribers to life memberships in the association, each of which memberships should entitle the holder to a share of all the profits, to free admission for life to the grounds of the association, to parking privileges for car, right to use the track when not in service, clubhouse privileges and at…
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