Anderson v. Eliot

GRISSOM, Chief Justice.

George W. Eliot, J. R. Eliot and wife, and Mrs. Cora Hill, a widow, sued J. Leland Anderson and Timothy I. Wee for $17,500, the unpaid balance of the consideration for the assignment by plaintiffs to defendants of leases on 232 acres of land out of a tract of 264% acres. The main defenses were that the contract could not be enforced because it violated the statute of frauds and the securities act. Defendants also filed a cross action for damages.

A jury found that (1) on August 3, 1955, the defendants agreed to buy said leases for $32,500, $15,000 to be paid upon…