Summary

Stanley Matthews Struthers v. Drexel — Opinion of the Court

The recital in that instrument, that the plaintiff had purchased the same from the trustee of the Blair Iron & Steel Company, is mere matter of inducement, and immaterial. The statement of the consideration of one dollar paid is also entirely immaterial, and may be treated as merely nominal. The real agreement embodied in the instrument is, according to its legal effect, that at the end of one year from that date the defendants would buy and pay for the number of shares of stock mentioned at the price specified, on delivery thereof at that time by the plaintiff.
Source: Wikisource

Stanley Matthews Struthers v. Drexel — Opinion of the Court

If it did become his duty to pay that money, then we instruct you that the declaration in this case (what we call the common money counts) is sufficient to enable him to recover. Where parties have made a contract by which certain things are to be done on one side and certain things on the other, if one party does all those things that are required to be done by him to entitle him to a sum of money from the other party, he may recover that sum of money under the common money counts.
Source: Wikisource

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