St. Norbert College Foundation, Inc. v. McCormick
Wisconsin Supreme Court
1Opinion of the CourtEobeet W. Hansen, J.
While the defendant in his brief on appeal lists eight issues, the last one of which he subdivides into six separate challenges to the judgment, we find the following to be dispositive.
LACK OF CONSIDERATION.
The agreement of the parties challenged here is their buy-sell agreement of October 8, 1965. By the terms of that contract, defendant agreed to sell and plaintiff agreed to buy certain shares of Proctor and Gamble stock. Defendant contends that such sales contract is not enforceable because it lacks consideration. The contract was under seal, so consideration is presumed.1 However, the…
2Cases cited23 opinions
- Taylor v. Davis' AdministratrixSupreme Court of the United States · 1884
- Mitchell v. WESTERN CASAULTY & SURETY CO.Wisconsin Supreme Court · 1966
- Estate of Hatten v. MonstedWisconsin Supreme Court · 1939
- Milbauer v. Transport Employes' Mutual Benefit SocietyWisconsin Supreme Court · 1973
- Resseguie v. American Mutual Liability InsuranceWisconsin Supreme Court · 1971
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3Cited by14 opinions
- Robert E. Pincus v. Pabst Brewing Company, a Delaware CorporationCourt of Appeals for the Seventh Circuit · 1990
- Runzheimer International, Ltd. v. David FriedlenWisconsin Supreme Court · 2015
- Admiral Insurance v. Paper Converting Machine Co.Wisconsin Supreme Court · 2012
- McLellan v. CharlyCourt of Appeals of Wisconsin · 2008
- Security Pacific National Bank v. GinkowskiCourt of Appeals of Wisconsin · 1987
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