PHILLIPS v. ZIMRING

No. 72-465.

284 So.2d 233 (1973)

Charles M. PHILLIPS, Jr., Appellant, v. David ZIMRING and Ernest C. Bourne, Appellees.

District Court of Appeal of Florida, Second District.

Rehearing Denied November 14, 1973.


Attorney(s) appearing for the Case

Baya M. Harrison and William L. Johnson, of Harrison, Greene, Mann, Davenport, Rowe & Stanton, St. Petersburg, for appellant.

Fred L. Bryson, of Bryson, Patterson, & Amadio, St. Petersburg, for appellee.


HOBSON, Judge.

Appellant owned 29,000 shares of the common stock of Astron Industrial Associates, Inc. His broker held the endorsed stock certificates in appellant's account in fully negotiable form. Appellant met with appellee Bourne on April 8, 1971, at which time appellant verbally agreed to sell and Bourne, as agent for appellee Zimring, agreed to purchase the 29,000 shares for fifty cents per share, or a total consideration of $14,500. At the same time appellant...

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