Shadbolt v. Libby

U.S. Circuit Court for the District of Southern New York

Shadbolt v. Libby

113 F. 1023, 1901 U.S. App. LEXIS 4749

CourtU.S. Circuit Court for the District of Southern New York

DecidedDecember 19, 1901

StatusPublished

This text of 113 F. 1023 (Shadbolt v. Libby) is published on Counsel Stack Legal Research, covering U.S. Circuit Court for the District of Southern New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Shadbolt v. Libby, 113 F. 1023, 1901 U.S. App. LEXIS 4749 (circtsdny 1901).

Pincite

Opinion

HAZEL, District Judge.

The evidence in this case afforded no logical basis for the verdict of $3,000, rendered in favor of the plaintiff. It indicates that the jury found that plaintiff was authorized to make the contract, and that hut for the failure of the defendants to accept the contract, which they had authorized the plaintiff as their agent to negotiate, the contract would have been consummated by the purchasers, but That the purchasers would only have paid the sum of $15,000 thereon, whereas the contract called for a cash payment of $60,000. There is no reasonable basis for the finding that only $15,000 of the $60,000 would have been paid. It follows, therefore, that the damages awarded are inadequate, and for that reason the verdict must be set aside, with costs to abide the event.

Free access — add to your briefcase to read the full text and ask questions with AI

HAZEL, District Judge.

The evidence in this case afforded no logical basis for the verdict of $3,000, rendered in favor of the plaintiff. It indicates that the jury found that plaintiff was authorized to make the contract, and that hut for the failure of the defendants to accept the contract, which they had authorized the plaintiff as their agent to negotiate, the contract would have been consummated by the purchasers, but That the purchasers would only have paid the sum of $15,000 thereon, whereas the contract called for a cash payment of $60,000. There is no reasonable basis for the finding that only $15,000 of the $60,000 would have been paid. It follows, therefore, that the damages awarded are inadequate, and for that reason the verdict must be set aside, with costs to abide the event.

Cite This Page — Counsel Stack

Bluebook (online)

113 F. 1023, 1901 U.S. App. LEXIS 4749, Counsel Stack Legal Research, https://law.counselstack.com/opinion/shadbolt-v-libby-circtsdny-1901.