Cisco N.E. R. Co. v. Ricks

In this suit the plaintiff, Ricks, recovered a judgment for $1,489.85 against the Cisco Northeastern Railroad Company, alleging the same to be damages proximately occasioned him by reason of the defendant's failure to issue to him about January 30, 1927, as per an agreement, shares of stock in the company aggregating in par value $4,212.50. The contention is he could then have sold it for that amount but that the defendant, without justification, delayed issuing the same until about July 16, 1928, at which time he accepted the same, but was unable to sell it for any greater sum than 75 per…