Becker v. Kreul
Wisconsin Supreme Court
Appeal from a judgment of the circuit court for Milwaukee county: W. B. Quinlan, Judge. Action to recover moneys agreed to be repaid upon the sale or transfer of certain corporate stock. In December, 1915, the defendant and Henry F. Cochems were equal owners of the capital stock of the Senator Lead & Zinc Company, a Wisconsin corporation.
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Appeal from a judgment of the circuit court for Milwaukee county: W. B. Quinlan, Judge. Action to recover moneys agreed to be repaid upon the sale or transfer of certain corporate stock. In December, 1915, the defendant and Henry F. Cochems were equal owners of the capital stock of the Senator Lead & Zinc Company, a Wisconsin corporation. The authorized' capital was $30,000, which had been issued, or was to.be issued, to the defendant and Cochems in consideration, of the transfer to the company of certain mining property situated iri Southwestern Wisconsin. It is the contention of the…
1Opinion of the Court
Rosenbeery, j.
This is an action to recover damages for breach of contract arising by reason of the refusal of the defendant to repurchase the stock in accordance with the agreement made December 24, 1917. It is not claimed that There was any fraud committed at the time of the making of this contract. If there was not in fact a valid contract, the question of whether or not the release of December 27, 1915,- was procured by fraud becomes immaterial. This was a sale of stock owned by Cochems to the plaintiff, Becker, a part of the inducement being that the defendant agreed that he would, as…
2Cases cited1 opinion
- Korrer v. MaddenWisconsin Supreme Court · 1913
3Cited by6 opinions
- Calvert v. Mason City Loan & Investment Co.Supreme Court of Iowa · 1935
- Pierce v. RothwellWyoming Supreme Court · 1928
- Thomas v. Peoples' Gas & Electric Co.Supreme Court of Iowa · 1935
- Hassey v. A. C. Allyn & Co.Appellate Court of Illinois · 1940
- Felton v. CherkaskyWisconsin Supreme Court · 1940
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