Opinion
Gen. Nos. 40,897 and 40,961. (Abstract of Decision.)
Opinion filed June 24, 1940
CONTRACTS, § 585 — performance, sufficiency of evidence. Where defendant was to purchase shares of bank stock for plaintiff, as well as for himself, and parties were then to make a stock voting agreement, evidence showed that defendant made arrangements to buy stock for plaintiff, but latter refused to pay for same, and it was not necessary for defendant physically to tender the stock, but it was sufficient where he borrowed money from bank to make stock purchases and put up stock as collateral, to be released when plaintiff paid in amount he owed.
See Callaghan's Illinois Digest, same topic and section number.
Appeal from Superior Court of Cook county; Hon. FRANCIS B. ALLEGRETTI, presiding.
In Case No. 40,897 the judgment is reversed and the cause remanded with directions — in Case No. 40,961 the judgment is reversed and judgment is entered in this court against defendant Stastny for $20,000. Heard in first division, first district, this court at December term, 1939.
Brenner McBride and Ode L. Rankin, for appellant;
Ode L. Rankin and Thomas G. McBride, of counsel;
Fred I. Simon, for appellee.
"Not to be published in full." Opinion filed June 24, 1940.