(DOWNLOAD) "Mark v. Mcdonnell & Co." by United States Court of Appeals for the Seventh Circuit " Book PDF Kindle ePub Free

eBook details

Title: Mark v. Mcdonnell & Co.
Author : United States Court of Appeals for the Seventh Circuit
Release Date : January 25, 1971
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 59 KB

Description

On December 24, 1969, plaintiff filed a complaint alleging that on January 30 of that year he had purchased from defendant 500 shares of its nonvoting stock. He alleged that the consideration for the purchase was (a) his agreement to lend either $250,000 or 4300 shares of American Home Products Company stock to defendant, and (b) his payment to defendant of the book value of the stock. He actually loaned 4301 American Home shares and paid $38,005 at the rate of $76.01 per share to defendant. His complaint prayed for rescission of the entire transaction.

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