Struthers v. Drexel - 122 U.S. 487 (1887)
U.S. Supreme Court
Struthers v. Drexel, 122 U.S. 487 (1887)
Struthers v. Drexel
Argued May 2, 1887
Decided May 27, 1887
122 U.S. 487
If a record in error contains the charge in full, with a memorandum at the close that certain portions are excepted to, but they are not verified or included in a proper bill of exception, it is not part of the record for any purpose.
S. contracted with D. in writing, in which, after reciting that D. had purchased 400 shares of a certain stock at $50 per share, S., in consideration of one dollar, agreed at the end of one year from date, if D. desired to sell the shares at the price paid, to purchase them of him and pay that amount with interest. When the time expired, D. elected to sell, and tendered the stock; and, S. refusing to take it and pay for it, D. sued him for the contract price, declaring on a contract whereby the plaintiff sold and agreed to deliver to defendant 400 shares of the stock at $50 per share, to be paid by defendant on delivery, in consideration whereof the defendant undertook and promised to accept the stock and pay for the same on delivery. Held that this declaration set forth properly the legal effect of the contract, and the omission of the statement of the nominal consideration was immaterial, and need not be proved.
The letter of the defendant in error of March 20, 1876, was admissible in evidence.
When a declaration in assumpsit contains a special count under which on the proofs the plaintiff can recover and also general counts, an instruction to the jury that the plaintiff can recover under the general counts, if it be erroneous, works no injury to the defendant.
The transaction between the parties, so far as disclosed by the record, was not a loan of money, and consequently no question of usury could arise.
Assumpsit. Verdict and judgment for plaintiff. Defendant sued out this writ of error. The case is stated in the opinion of the Court.