WM. CORY & SON, LTD. v. COMMISSIONERS OF INLAND REVENUE
[1964] 2 Lloyd's Rep. 43
COURT OF APPEAL
Before Lord Denning, M.R., Lord Justice Danckwerts and Lord Justice Diplock
Revenue-Stamp duty-Conveyance or transfer on sale-Transfer of shares under option agreement before exercise of option - Whether transfers chargeable for stamp duty as conveyances on sale - Whether option agreement a contract for sale - Stamp Act, 1891, Sects. 54, 59-Meaning of "on".