Seddon v. Rosenbaum
Supreme Court of Virginia
Error to judgment of circuit court of Richmond city, rendered July 13th, 188Y, in the action of T. Seddon, who is the plaintiff in error, against S. M. Rosenbaum. Opinion states the case.
1Opinion of the CourtLacy, J.
This action was assumpsit upon a contract by the defendant to sell the plaintiff two hundred and fifty shares of the capital stock of the Richmond & Danville Railroad Company at the *929price of $96 per share. The contract was reduced to writing, but was not signed by the party sought to be charged, and is as follows: “S. M. R. [the defendant] to buy 250 shs. R. & D. at 80, and sell the same to T. Seddon at the end of 3 years at 96. Stock may be called at 96 at any time before expiration of 3 yrs.” There was a demurrer by the defendant, which was overruled, and his plea setting up the statute of…
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