Henderson v. Wheaton
Illinois Supreme Court
Appeal from the Appellate Court for the First District;— heard in that court on appeal from the Circuit Court of Cook county; the Hon. Julius S. Grinnell, Judge, presiding.
Read the full summary
Appeal from the Appellate Court for the First District;— heard in that court on appeal from the Circuit Court of Cook county; the Hon. Julius S. Grinnell, Judge, presiding. This was assumpsit, upon the following instrument : “Chicago, III., June 25, 1884. “This day sold to Robert Henderson, of New York City, fifty shares of the capital stock of the Big Laramie Land, Cattle and Improvement Company, of $100 each, for the sum of $5000, the receipt of which is hereby acknowledged, upon the following express condition: At the expiration of three years from the date hereof, if said Robert Henderson…
1Opinion of the CourtJustice Soholfield
There is no difficulty in construing this instrument. It is-plainly a present sale of fifty shares of the capital stock of the Big Laramie Land, Cattle and Improvement Company, for the - snm of $5000, upon the condition that the purchaser shall not notify the seller of his intention to return the stock sold, and claim repayment of the money paid therefor, and interest thereon at the rate of ten per cent per annum, less any dividends he may have received upon said stock, at least thirty days before the expiration o'f three years from the date of sale,, and return said stock to the seller at…
2Cases cited6 opinions
- President of the Bank of Columbia v. HagnerSupreme Court of the United States · 1828
- Sanford v. CloudSupreme Court of Florida · 1880
- Clark v. WeisIllinois Supreme Court · 1877
- Williams v. HealeyNew York Supreme Court · 1846
- Frey v. JohnsonNew York Supreme Court · 1861
1 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Kauffman v. RaederCourt of Appeals for the Eighth Circuit · 1901
- Tichenor v. NewmanIllinois Supreme Court · 1900
- Olsen v. Northern Steamship Co.Washington Supreme Court · 1912
- Wall v. Chesapeake & Ohio Ry. Co.Appellate Court of Illinois · 1902
- Sergo v. BlochAppellate Court of Illinois · 1931
2 more not listed; retrieve them via the Exa API.