Bergmann v. Hirschberg

Headnote

Contract — reformation —■ action to reform written agreement giving option to repurchase stock so as to provide for purchase of stock at fixed price upon plaintiff leaving employment.

Bergmann v. Hirschberg, 216 App. Div. 711 , affirmed.

Appeal from a judgment, entered March 5, 1926, upon an order of the Appellate Division of the Supreme Court in the first judicial department, reversing a judgment in favor of defendant entered upon a dismissal of the complaint by the court on trial at Special Term and directing judgment in favor of plaintiff. The action was to reform a written agreement for the sale by defendant to plaintiff of certain stock, reserving to the defendant an option to repurchase the same, plaintiff contending that by false representations he was led to believe that the agreement was that if plaintiff should leave his employment defendant would repurchase the stock at a fixed price.

Judgment affirmed, with costs;