Heller v. Speier

Messmore, District Judge.

This action for damages was brought by appellee against appellant, president of Speier’s, incorporated, upon a certain contract in writing which provided for the repurchase of stock in said company by appellant from appellee should appellee leave the company’s employ. . Appellee’s employment, by 'mutual agreement of the parties, *789terminated on April 28, 1928, and this suit was brought to recover the value of the stock as of such date under the provisions of said contract.

Appellee’s petition alleges that on or about July 1, 1922, he purchased 40 shares of the common…