Davis v. Las Ovas Company

Messrs. J. K. M. Norton and Samuel A. Putman for appellants.

[Argument of Counsel from Pages 81-83 intentionally omitted]

Mr. J. J. Darlington for appellee.

Memorandum opinion by direction of the court, by Mr. Justice Lurton:

This is a bill by the appellee to recover from appellants secret profits made by them as promoters of the Las Ovas Company in the purchase of a part of a tract of land known as Las Ovas, in the Republic of Cuba, and also for the cancelation of certain shares of stock issued to them as promoters.

The facts essential to judgment are not in serious dispute. They are found clearly and fully stated in the opinion of Mr. Justice Gould for the supreme court of the District of Columbia, and again in the opinion of the court of appeals of the District by Mr. Justice Robb.