McCue v. Hope

The opinion of the court was delivered by

Johnston, C. J.:

Plaintiff and defendant, who were each the owners of one-half of the capital stock of The Garden City Land & Immigration Company, in November, 1910, entered into a written contract whereby defendant was to transfer to plaintiff his stock in the corporation, in consideration of which plaintiff was to causé the corporation to convey certain properties and securities to defendant and assume and pay all debts and obligations of the corporation and relieve *86the defendant from any liability on account thereof. Attached to the contract was a…