HINES v. PEREZ

No. 15078.

242 F.2d 459 (1957)

Cristobal C. HINES, Appellant, v. Joaquin A. PEREZ, Appellee.

United States Court of Appeals Ninth Circuit.

January 29, 1957.


Attorney(s) appearing for the Case

E. R. Crain, Agana, Guam, Thomas M. Jenkins, San Francisco, Cal., for appellant.

Spiegel, Turner & Stevens, Santa Monica, Cal., for appellee.

Before POPE, CHAMBERS, and BARNES, Circuit Judges.


BARNES, Circuit Judge.

Appellant Hines and appellee Perez entered into a contract on September 29, 1952, whereby Hines was to buy from Perez twenty-five shares of stock of the Island Service Company, Inc., a Guam corporation. Title was to transfer immediately, and the stock was required to be and was delivered to Hines' attorney. Hines agreed to pay the "actual value" of the shares, as of October 1, 1952.

The contract set up detailed and complicated means...

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