Cowden

Cowden v. Karshner

Good Law
24 F.2d 916·1928 U.S. App. LEXIS 2209
United States Court of Appeals for the Ninth CircuitMarch 19, 1928No. 5327California1,431 words

Opinion

Lead Opinion

Rudkin, J.

This is a writ of error to review a judgment based on special findings of fact in an action tried by the court below without a jury.- The special findings are in substance that, at all times mentioned therein, the two defendants were husband and wife; that on April 13, 1922, the defendant H. D. Cowden was president and a stockholder of the Dome Gold Corporation, organized and existing under and by virtue of the laws of the state of Washington; that on that date said defendant was engaged in selling stoek in the corporation for the purpose of raising money for the benefit of the corporation; that at Aberdeen, Wash., the plaintiff purchased from and through said defendant 15,000 shares of the common stoek of the corporation at an agreed price of $5,000, which sum the plaintiff then paid to said defendant; that as an inducement, and as part consideration for the purchase of the stock by the plaintiff, said defendant promised and agreed in writing that, in ease the plaintiff was not satisfied with his investment, and would so notify said defendant before November 1, 1923, said defendant would repurchase the stoek from the plaintiff on 'or before December 1, 1923, for the sum of…

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