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Lambrecht v. Bartlett

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eBook details

  • Title: Lambrecht v. Bartlett
  • Author : Supreme Court of Pennsylvania
  • Release Date : January 21, 1982
  • Genre: Law,Books,Professional & Technical,
  • Pages : * pages
  • Size : 57 KB

Description

1 During the latter part of 1978, appellant, Jack Seagraves, was contacted by C. Wayne Baker, a former business associate, regarding the sale of interests in a lease on a gas well known as Ball # 2, located in Stephens County and owned by appellee, Bill C. Bartlett, d/b/a Bartlett Oil and Gas Company. Seagraves had previously purchased from Baker interests in two other wells not related to this case. The price of a 1/64 interest in Ball # 2 was quoted as $6,100. Seagraves paid $9,150 for a 3/128 interest and informed his brother, Joe D. Seagraves, a resident of Connecticut, of the investment opportunity. Acting on this information, Joe purchased a 1/64 interest for $6,100.


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