(Download) "Frank Seifert v. Union Brass & Metal" by Supreme Court of Minnesota # eBook PDF Kindle ePub Free
eBook details
- Title: Frank Seifert v. Union Brass & Metal
- Author : Supreme Court of Minnesota
- Release Date : January 13, 1934
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 60 KB
Description
Corporation -- stock -- purchase -- repudiation by seller of agreement to repurchase. 1. Plaintiff purchased corporate stock of defendant, part of the supposed contract of purchase being a promise by defendant to repurchase. The officer making the agreement for defendant had no authority to bind it to repurchase. Upon defendant's repudiation of that promise, plaintiff is entitled to recover, quasi ex contractu, the money he paid for the stock.